I remember seeing a thread on ET a while ago about that scam, and I just read that those guys actually got raided by the FBI.
How could these guys print clearly bogus money/coinage and not expect to get fucked? I mean, it's one thing if you mint a coin and have it say "1 oz silver", but they put actual $ amounts on it. Claiming that 1 oz of silver is worth $20 or $50 or whatever their bogus conversion ratio is clearly misrepresentation, and if you try to pass it off as $20, then that could be considered counterfeiting. I've heard stories of people getting arrested for trying to pass off those bogus million $ bills, why would you expect not to get in trouble for passing off a bogus $20 coin?
Unbelievable how people can run a scam like this, even sue the US Mint to retract their statement that these coins are illegal, and not expect some kind of action to be taken against them.
How could these guys print clearly bogus money/coinage and not expect to get fucked? I mean, it's one thing if you mint a coin and have it say "1 oz silver", but they put actual $ amounts on it. Claiming that 1 oz of silver is worth $20 or $50 or whatever their bogus conversion ratio is clearly misrepresentation, and if you try to pass it off as $20, then that could be considered counterfeiting. I've heard stories of people getting arrested for trying to pass off those bogus million $ bills, why would you expect not to get in trouble for passing off a bogus $20 coin?
Unbelievable how people can run a scam like this, even sue the US Mint to retract their statement that these coins are illegal, and not expect some kind of action to be taken against them.