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Friday, June 19, 2009

US Treasury Bonds found to be fake

I blogged about two japanese men found with 134 Billion in bonds crossing into Switzerland.

The resolution to this was the bonds where fake, to be used in some sort of bank fraud scam for collateral.

My only tin-foil hat on this as the "final" resolution is, I would like to see news on the two Japanese being convicted of counterfeiting. After all, if someone counterfeits a 20 dollar bill, there is jailtime. 134 Billion better be more than a slap on the wrist.

If there isn't jail time, my tin foil hat gets more attention.

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