wether they are fake or real, you'll find its most definately Yakuza related. Only theyd have the balls to try and pull something like that off and have those kind of finances. (Although that amount seems even too high for them to be real) Either way somebosy is gonna be real pissed off about it
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Attempt to smuggle 134 billion in US bonds in a suitcase?
- Thread starter Misthos
- Start date
The article states the bonds were either real or perfect forgeries. How many North Koreans have access to $1 Billion Kennedy bonds that they can use to make perfect copies?
Answer: ZERO.
It is also very interesting that US mainstream media has NOTHING on this story a full week after it broke.
This'll be a tough one to spin!
No, I'm betting those bonds are all real.
(10 bonds worth $1 Billion, and 249 bonds worth $500 million each. I wonder where the 250th bond went?)
I wonder if whoever owned those bonds is more worried about losing them, or more worried about how they're going to explain them...
And they sure didn't belong to the Japanese government. Why would they need to SMUGGLE them into Switzerland via Italy?
Answer: ZERO.
It is also very interesting that US mainstream media has NOTHING on this story a full week after it broke.
This'll be a tough one to spin!
No, I'm betting those bonds are all real.
(10 bonds worth $1 Billion, and 249 bonds worth $500 million each. I wonder where the 250th bond went?)
I wonder if whoever owned those bonds is more worried about losing them, or more worried about how they're going to explain them...
And they sure didn't belong to the Japanese government. Why would they need to SMUGGLE them into Switzerland via Italy?
Quote from Max Respect:
The article states the bonds were either real or perfect forgeries. How many North Koreans have access to $1 Billion Kennedy bonds that they can use to make perfect copies?
Answer: ZERO.
It is also very interesting that US mainstream media has NOTHING on this story a full week after it broke.
This'll be a tough one to spin!
No, I'm betting those bonds are all real.
(10 bonds worth $1 Billion, and 249 bonds worth $500 million each. I wonder where the 250th bond went?)
I wonder if whoever owned those bonds is more worried about losing them, or more worried about how they're going to explain them...
And they sure didn't belong to the Japanese government. Why would they need to SMUGGLE them into Switzerland via Italy?
There is no way the bonds are real, only central banks and SWF have access to that kind of money, why would try to transfer money through airlines when they have total access to the SWIFT wire system
Ok, for dollar number that huge? Don't you think it will be impossible to fake?
I bet every treasury bill is registered and US have a list of buyer matching serial number of the bill.
Physical proof can't be the only way to prove you own the Ts.
What happen if the plane crash? 134 billion amount to a country's GDP. It will be dumb for anyone who tries to make fake Ts and buy Ts in non-traditional channels.
I bet every treasury bill is registered and US have a list of buyer matching serial number of the bill.
Physical proof can't be the only way to prove you own the Ts.
What happen if the plane crash? 134 billion amount to a country's GDP. It will be dumb for anyone who tries to make fake Ts and buy Ts in non-traditional channels.
Everybody who thinks they were fake; turn on your brain !
There could be only one reason, why somebody would "fake" such papers: to get into the newspapers, as a giant joke.
It's not possible to successfully counterfeit these securities, because each serial number will be verified directly with the NY Fed when they are credited against an account. Also, the history of the securities is checked.
IMO this is a HUGE story.
Guesses:
1. Black Budgets of a dark government agency, or something
2. A new assault against switzerland/offshore banking
3. I see no way it's possible these were owned by an individual, a private organization or criminal organization. The amount is too high by at least factor 10
There could be only one reason, why somebody would "fake" such papers: to get into the newspapers, as a giant joke.
It's not possible to successfully counterfeit these securities, because each serial number will be verified directly with the NY Fed when they are credited against an account. Also, the history of the securities is checked.
IMO this is a HUGE story.
Guesses:
1. Black Budgets of a dark government agency, or something
2. A new assault against switzerland/offshore banking
3. I see no way it's possible these were owned by an individual, a private organization or criminal organization. The amount is too high by at least factor 10
The articles, if you've read them, from Italian police, Asia News, Japan Today, state the bonds are real or "perfect forgeries". To make a perfect or even passable forgery, you've got to have access to a real one. How many people do you know that even know a "$1 billion Kennedy Bond" exists, much less have seen one, much less can take one home to make copies?
"Only nations have that kind of money"? How about the multi-billions from CIA drug deals, multi-billions from Halliburton/KBR over charges, multi-billions from unmetered Iraqi oil rip-offs? Not to mention "blood diamonds", off the books arms deals, etc. A lot of those deals were and are run by the same people, you know.
Bernie Madoff, allegedly by himself, stole $50 billion, in less than a decade.
$134 billion is only 2 1/2 Bernie Madoffs worth of criminal proceeds.
And if the bonds were fake, it would be all over the US news. It would be the equivalent of an economic A-bomb.
If they're real, (and I think they are) it would be the equivalent of a political A-bomb, which is probably why we aren't hearing squat about it on the US news.
Go ahead - search CNN, Blomberg, MSNBC. There's not one word about it, and the arrests were a week ago already. Why do you suppose that is?
"Only nations have that kind of money"? How about the multi-billions from CIA drug deals, multi-billions from Halliburton/KBR over charges, multi-billions from unmetered Iraqi oil rip-offs? Not to mention "blood diamonds", off the books arms deals, etc. A lot of those deals were and are run by the same people, you know.
Bernie Madoff, allegedly by himself, stole $50 billion, in less than a decade.
$134 billion is only 2 1/2 Bernie Madoffs worth of criminal proceeds.
And if the bonds were fake, it would be all over the US news. It would be the equivalent of an economic A-bomb.
If they're real, (and I think they are) it would be the equivalent of a political A-bomb, which is probably why we aren't hearing squat about it on the US news.
Go ahead - search CNN, Blomberg, MSNBC. There's not one word about it, and the arrests were a week ago already. Why do you suppose that is?
Attachments
There seems to be a lot of people who are either uninformed or misquoting the articles.
The Italian Financial Police press release:
http://www.gdf.it/GdF__Informa/Noti...09/Adnkronos_Giugno_2009/info-1518911049.html
Note the very first sentence -
(Translated from Italian)
"249 Federal Reserve Bonds for 500 million dollars of nominal value each, plus 10 Kennedy bonds of 1 billion dollars each was found in the hidden bottom of a suitcase for a total of 134 billion dollars, or around 96 billion euro."
FEDERAL RESERVE BONDS. Not "bearer bonds", not "government bonds". And the Italian cops write "Federal Reserve" in English.
The Italian Financial Police press release:
http://www.gdf.it/GdF__Informa/Noti...09/Adnkronos_Giugno_2009/info-1518911049.html
Note the very first sentence -
(Translated from Italian)
"249 Federal Reserve Bonds for 500 million dollars of nominal value each, plus 10 Kennedy bonds of 1 billion dollars each was found in the hidden bottom of a suitcase for a total of 134 billion dollars, or around 96 billion euro."
FEDERAL RESERVE BONDS. Not "bearer bonds", not "government bonds". And the Italian cops write "Federal Reserve" in English.
This is the most complete and well-documented post on the story I have found. Contains links to all the published news articles so far. (None from US news.)
http://cryptogon.com/?p=9095
Quote from Asia News Italy:
"Italian authorities have not yet determined whether they are real or fake, but if they are real the attempt to take them into Switzerland would be the largest financial smuggling operation in history; if they are fake, the matter would be even more mind-boggling because the quality of the counterfeit work is such that the fake bonds are undistinguishable from the real ones."
IF they ARE fake, then someone with access to $500 million AND $1 Billion bonds HAD to make it available to the counterfeiter. Who do you suppose that could be? Probably a small pool of suspects, eh?
And if they were fakes, why go to the extra trouble of faking $500 million AND $1 billion bonds? And why 249 of them, not 250?
Well, I'll tell you - those are real bonds, stolen or dirty money, from the most powerful criminal cartel there is; the one that owns the Fed and the US Gov.
The reason there are 249 of the $500 million bonds is because one was for the smugglers.
http://cryptogon.com/?p=9095
Quote from Asia News Italy:
"Italian authorities have not yet determined whether they are real or fake, but if they are real the attempt to take them into Switzerland would be the largest financial smuggling operation in history; if they are fake, the matter would be even more mind-boggling because the quality of the counterfeit work is such that the fake bonds are undistinguishable from the real ones."
IF they ARE fake, then someone with access to $500 million AND $1 Billion bonds HAD to make it available to the counterfeiter. Who do you suppose that could be? Probably a small pool of suspects, eh?
And if they were fakes, why go to the extra trouble of faking $500 million AND $1 billion bonds? And why 249 of them, not 250?
Well, I'll tell you - those are real bonds, stolen or dirty money, from the most powerful criminal cartel there is; the one that owns the Fed and the US Gov.
The reason there are 249 of the $500 million bonds is because one was for the smugglers.