ALERT: U.N./Italy defendants in lawsuit: Int'l Conspiracy theft of $1 TRILLION

[ren]

The Japanese Bond Smugglers Are Missing
http://www.businessinsider.com/the-japanese-bond-smugglers-are-missing-2009-6

[Satyagraha]

Woah... bizarre... here's the text:

The Japanese Bond Smugglers Are Missing

At least the Japanese press is sitll interested in story of the two Japanese men caugh withs ome $134.5 billion in (presumably fake) US bearer bonds.

We can't read Japanese, and Google Translate isn't particularly helpful, but a reader informs us that the gist of this story is that a newspaper sent a reporter to Como, Italy and found that the men had been released, with their whereabouts unknown.

Now, the easiest, most-benign explanation for this whole thing is that it's just a counterfeiting scheme. Fine, but then why do you let them go without tracking their whereabouts.

[Aerioch]

Strange is it not that these guys "Disappear" over "Fake Bonds" worth Billions. 

Just consider for one minute why someone would even try to smuggle "Fake Bonds" that are serialized and in donominations that would surely attacked attention if they tried to cash them.

This entire cover-up is weak.

[NWOSCUM]

WOW!!    This stinks to high heaven, looks like the crooks won't be punished AGAIN.  WTF.....presumably fake.......they don't know yet?  FBI wasn't flown out immediately with Treasury officials to find out.  $134,000,000,000.00 And we don't know it they are real or fake.  Bullshit, something is WRONG here, very very wrong.

[ren]

The biggest counterfeiting / smuggling bust in history and they let them go
This stinks to high heaven +1

[Sheepleprod]

Thanks for resurrecting the thread Im glad there is some new info out there.  This is news is extremely suspicious.

Here are some of the discrepancies in the coverup

Inconsistencies

(1) Although the smugglers have been identified in the press as “Japanese nationals”, there has yet to be any third party confirmations, formal charges made or a release of the culprit’s identities. Asian and Japanese press outlets are reporting the suspects were released shortly after they were detained.

(2) A Bloomberg article regarding this story, the seized bearer bonds allegedly were dated as of 1934. Since bearer bonds in denominations of $500 million did not exist in 1934, the bonds were deduced as fake. The police are still waiting for a declaration regarding the bonds’ authenticity from the SEC. and the populous is speculation how to spend their 40% windfall. Something smells about this declaration. How can the quality of the forged bearer bonds be so meticulous that they “are indistinguishable from the real ones”, yet the counterfeiters are so ill-informed as to not date the bearer bonds appropriately?

(3) Bloomberg reported that there is no known existence of the alleged Billion-dollar Kennedy bonds. This defies any logical explanation. The expert counterfeiters would have made more of the $500 million denomination, indistinguishable from the real thing, instead of  making 10 bonds in denominations of $1 billion a piece in a bearer bond never existed?

(4) On March 30, 2009, the US Treasury Department announced that USD $134.5 billion remained in its Troubled Asset Relief Program [TARP]. The same amount as the seized bearer bonds was $134.5 billion.

(5) The two well-dressed Japanese men traveled a well known financial smuggling route where them would stick out like sore thumbs, defies logic.

(6) Then we have this June 18 article from the Financial Times, that questions whether the men are really Japanese, as their passports declared, and it is may be the work of the Mafia.

(7) Officials in Tokyo were nonplussed. Takeshi Akamatsu, a Japanese foreign ministry press secretary, said Italian authorities had confirmed that two men carrying Japanese passports had been questioned in the bond case but Tokyo had not been informed of their names or whereabouts. “We don’t know where they are now,” Mr. Akamatsu said. Kyodo News reported on June 19 that the two Japanese men had been released. The Japanese consulate general in Milan said Thursday it has confirmed that two men who were briefly detained by Italian police after attempting to enter Switzerland with $134 billion worth of U.S. bonds were Japanese citizens. The men were released later that day after an Italian lawyer provided fidelity guarantee for them. The Italian authorities continue to probe how the two obtained the bonds and why they were trying to take the fake securities to Switzerland.

( The Italians are now saying the forged bonds appeared shoddy and some of them had face values that were nonexistent. The Italian authorities said they wonder why the securities were produced because the bonds cannot be used even for fraud in view of their poor quality. In pictures the bonds appear new, crisp and clean! They were first described as being “meticulous” work and “indistinguishable” from real ones but we are also to believe that they now “appeared shoddy.”


The last couple of days the Italian press was abuzz with suggestions on how to spend their forty-billion dollar windfall despite the claims the being counterfeit. Under Italian law Italy gets to keep forty percent (40%) of the smuggled bonds. Now TRN reports that the US and Japan are trying to negotiate with Italy for return of the Bonds but because of the astonishing amount of money involved and Italy is refusing to negotiate.

If all of this hold’s true Americans should know clearly that Japan is still capable of a Pearl Harbor, financial style, and that our Government is incapable of telling the truth. U.S. officials apparently lied to Italy, numerous news outlets, the American People and Glenn Beck! 

From the World’s perspective the U.S.A. can’t even identify its own bonds, has very nervous creditors and that U.S. mainstream media in unable to perform impartial journalism and are worthless as an honest and viable news source.

[TahoeBlue]

They keep changing the story.... won't identify any names



http://www.nytimes.com/2009/06/26/business/global/26fake.html
Mystery of Fake U.S. Bonds Fuels Web Theories

 By ELISABETTA POVOLEDO
Published: June 25, 2009
Ever since two middle-aged men with Japanese passports were caught in Italy this month trying to smuggle a purported $134.5 billion in United States government bearer bonds into Switzerland, the Internet has been abuzz with theories.

Was the Japanese government, or some other creditor nation, secretly trying to dump Treasury bonds to drive down the value of the dollar? Had the Italian mafia stolen the equivalent of 1 percent of the American gross domestic product, using the paper, which supposedly was instantly convertible into cash, to run a giant scam?

Adding spice was the whole Bond — James Bond — aspect of the tale. A crowded customs checkpoint near the Alps; two men traveling on a local train, professing that they had nothing to declare; and a false-bottom suitcase containing United States government bonds made out in stratospheric denominations.

In all, the Italian financial police and customs guards confiscated 249 paper bonds, each supposedly worth $500 million, and 10 bonds with a face value of $1 billion each.

Too bad the bonds were fake.

“The whole thing is a total fraud,” Stephen Meyerhardt, a spokesman for the Treasury Department, said Thursday. “They don’t look anything like real securities, which in any case were never issued in any of those denominations.”

The highest denomination ever issued by the Treasury Department was $10,000, he said. The Italian financial police claimed some of the paper was “Kennedy bonds” from the 1930s, but no such bonds ever existed. And the total of Treasury bearer bonds still outstanding is a mere $105 million; the Treasury has been issuing bonds in electronic form since 1986.

But none of this has stopped the rumor mill from grinding away. After reports of the seizure began to trickle out of Italy, the blogosphere sprang into action, the ponderings fueled by suspicions that the mainstream media was willfully ignoring the tale.

The story took on greater life after Italian authorities — who have refused to talk about the scandal — declined to declare the bonds fakes until they were examined by Washington. After all, although the Guardia di Finanza suspected the bonds were false, if they were not, the Italian treasury stood to profit from a law that permits the government to pocket up to 40 percent of the total value of cash or securities smuggled into the country over the legal export limit, which is 10,000 euros.

Repeated telephone calls to the prosecutors’ office in Como, Italy, that is handling the investigation were not returned.

Darrin Blackford, a spokesman for the United States Secret Service, which was contacted by the Italian financial police and the prosecutor’s office to determine the “legitimacy of the seized financial instruments,” said that his agency had verified the bonds were “fictitious instruments and were never issued by the United States government.”

Col. Rodolfo Mecarelli, the provincial commander of the financial police in Como, said the investigations were focused on “understanding who these men were and where they were from.”

Or where they might have been going. “Switzerland may not have been their final destination,” he said in a recent interview. “They could have taken a plane anywhere.”

Also unknown are the whereabouts of the two men, who were released after being stopped in early June. Italian law does not call for the criminal arrest of persons found to be taking funds without permission to another country. It might have been another matter if the police had determined immediately that the bonds were false.

“The men were questioned, but not arrested,” said Naoki Oyakawa, an official at the Japanese consulate in Milan, which contacted judicial officials in Como after reading about the seizure in the Italian papers.

He said the two men had valid Japanese passports, but he would not elaborate further on their identities. “We don’t know where they are now,” he said. “We have had no contact with the two men. They have not asked us for our help.”

What the bonds were for remains unclear. “It’s not the sort of thing that you can just go into a bank and convert,” said Colonel Mecarelli. “But they may have been useful to guarantee business deals among people who don’t use cash.”

Agencies that deal with financial crimes, including Europol, declined to comment while the Italian investigation was still under way.

The Treasury Department says it is stumped, too.

“I can’t speak to the motives of the person or persons who tried to do this,” Mr. Meyerhardt said. “I would guess that they were trying to find someone foolish enough to buy the securities for real money.”

-----------------

Wild theories for example:

http://benjaminfulford.typepad.com/benjaminfulford/2009/06/about-the-1345-billion-bonds-found-in-italy-and-the-secret-financial-system.html

06/24/2009
About the $134.5 billion bonds found in Italy and the secret financial system
There is a lot of confusion these days among people who still believe the Zionist web of lies formerly known as the “mainstream consensus.” The story about the $134.5 billion in bonds found in Italy is adding to that confusion. Perhaps a bit of background information will help clarify the situation somewhat.

First of all people need to realize that there are two sets of books used in global finance: the “official” data put out by government agencies etc. and the secret financial arrangements used between sovereign entities (countries as well as organizations). When members of the British and Japanese royal families first contacted me and started talking about thousands of trillions of dollars, I thought they were bonkers. Officially world GDP is $55 trillion so their numbers seemed impossible. However, after meeting multiple sources ranging from freemasons, to yakuza, to MI6 to Japanese security police, to CIA etc. I can now confirm there is a secret financial system whose total worth is “quintillions of dollars.” I think the numbers got this big as a result of some sort of ridiculous contest to see who had the largest penis among the folk who control the printing presses for dollars and euros etc.

In any case, the bonds found in Italy are connected to a massive operation that took place in the Far East before and during WW2. Part of that involved the Japanese invasion of Manchuria. When the Japanese invaded Manchuria in 1931 the owners of the Federal Reserve Board contacted the Chinese emperor and said “the Japanese are about to steal the treasure you have in Manchuria. How about we take that treasure to the Philippines for safe keeping? In exchange we will give you 70-year US government bonds that you can use to buy stuff from around the world.”

The emperor agreed to the deal and the Americans started issuing huge numbers of bonds backed by the emperor’s gold. To keep these shenanigans out of the US public eye, they printed the bonds in the Philippines. Some of these bonds are the ones the two Japanese were carrying in Italy.
....

[Sheepleprod]

Kennedy Bonds from the 30's ummmmmmm???

[Satyagraha]

I think it was Max Keiser talking to Alex the other day who suggested that these bonds are moved around the world as each 'destination' bank gets audited... moveable fiat bank account.. as part of perpetuating the deception that there's any real value in these accounts. I'll have to go back and find the show/time ... but it made sense to me. The 'smugglers' were just mules to move the money (like a museum exhibit) to it's next performance.

[Sheepleprod]

Never thought of that but I can see how that would work.

Dirty BAstards

[NWOSCUM]

Just like new banks popping up to service BAD mortgage debt so that some Banks can continue to appear solvent.  This financial house of cards is ripe for a fall.

[Mike Philbin]

ahahahaha money in a clown suit

what a red-nosed performance

LOL

[Sheepleprod]

http://www.asianews.it/index.php?l=en&art=15648&size=A

Everything suggests that the American bonds seized at Chiasso are real


Official U.S. sources continue to say they are fakes, but there is no news that American experts have inspected them in person. Arrested for another matter, the director of a U.S. radio who says the bonds are real and Japan was trying to sell in Switzerland, not trusting the ability of the United States to honour its debt.

Milan (AsiaNews) – Four weeks have passed since American bonds were confiscated from two Japanese men who were travelling on a direct train to Chiasso, Switzerland, and while there has been clarification of some - very few -points, Italian authorities have remained silent on the rest of the episode.

 In addition, a strange coincidence in the timing of the arrest of a director of an internet radio who had made revelations regarding the incident ,increases the already strong oddities surrounding the case. This added to the revaluation of the fact that among the evidence seized there were "Kennedy Bonds", all points toward the authenticity of the items seized by the Guardia di Finanza (GdF) in early June. 

The major English-speaking newspapers ignored the story for a couple of weeks. They only started to report on it after the Bloomberg agency carried a story on  18 / 6, in which a spokesman for the Treasury, Meyerhardt, declared that the bonds, based on photos available on the Internet, were "clearly false." The same day, the Financial Times (FT) published an article whose title laid the blame for the (alleged) infringement at the feet of the Italian Mafia, despite the fact that the article failed to make even one possible connection with the episode in Chiasso. Nevertheless, the version of events as reported in FT was taken up by others as being "appropriate" (given that it is a very common cliché about Italy and it is a sequester that took place in Italy) and in the end "colourful." It’s a pity that it goes against all logic: that the Mafia tried to pass unnoticed in its attempt to dump fake bonds amounting to 134.5 billion dollars and moreover were to "stung" a mere step from their gaol,  is not very credible.

Most recently last week, 25 / 6, the New York Times reported on the story in particular, the allegations of CIA spokesman, Darrin Blackford: the U.S. Secret Service carried out inspections, as required by the Italian judiciary, and found that they were fictitious financial instruments, never issued by the “U.S. government”.  It is not clear, however, how the checks mentioned by Blackford were carried out and whether they were also are carried out via internet. In fact according to official Italian sources  the Commission of American experts, expected in Italy, have yet to arrive. Furthermore, the bonds were accompanied by a recent and original bank record. It is therefore unclear how the U.S. authorities can declare fake documentation that does not originate from the Fed or the U.S. Department of Treasury.

On the contrary, claims in support of the bond’s authenticity were made 20 / 6  on the Turner Radio Network (TRN), an independent radio station broadcast via Internet. On that date in a massive exposure, TRN stated that the two Japanese men arrested by the Guardia di Finanza (GdF) and then released in Ponte Chiasso were employees of the Japanese Ministry for Treasury. AsiaNews had also received similar reports: one of the two Japanese arrested in Chiasso and then released is Tuneo Yamauchi, is the brother of Toshiro Muto, until recently vice governor of the Bank of Japan. On its website, the creator and presenter of the Radio, Hal Turner, had also claimed that his sources had revealed that the Italian authorities believe the evidence to be authentic and that the two Japanese officials are from the Japanese Ministry for Finance. They were supposed to bring the bonds to Switzerland because the Japanese government had apparently lost confidence in U.S. ability to repay its debt. Japanese financial authorities therefore were trying to sell a part of the securities in their possession through parallel channels ahead of an imminent financial disaster, thanks to the  anonymity which, Turner said, is guaranteed by the laws of Switzerland. 

AsiaNews does not know to what extent Turner’s revelations can be held as credible, given that in this case too, it is difficult to believe that $ 134.5 billion would pass unnoticed anywhere in the world. It seems far more logical to assume that the bonds, if authentic, were directed to the Bank for International Settlements in Basel, BIS, the central bank of central banks ahead of the issuance of securities in a new supranational currency. Turner had in any event added that as evidence to support his revelations he would have provided the serial numbers of the seized bonds. Before he could do so, however, was imprisoned. Hal Turner is the journalist who long ago first broke the news of a secret plan to replace the dollar, after a severe financial crisis, with a common North American currency, the Amero. In a dramatic phone call from inside the prison in which he is detained pending trial, relayed via internet, Hal Turner claims that his arrest is political and it is in relation to the securities seized in Chiasso, because the authorities are terrified by his revelations of the bonds’ authenticity. Of course, the allegations made against him have to nothing to do with the story and thus an already intricate story becomes ever more complex. Turner maintains that he did not personally formulate the disclosure for which he has been imprisoned. Although it was clearly his responsibility to remain vigilant, it is also true that blogs from around the world and the U.S. themselves are full of threats and provocations. The coincidental timing, the unusual diligence and the details of his arrest arouse  suspicions about the true motives of the American federal police. Indeed, this very arrest suggests that the evidence seized from GdF are truly authentic.

One more element in favour of the bond’s authenticity is found in the securities, which in the June 4 statement, the GdF termed "Kennedy Bonds” with photos provided. These photos reveal that the securities under discussion are not bonds but Treasury Notes, because they are securities that can be immediately exchanged for their worth in goods or services and because they are devoid of interest coupons. One side carries a reproduction of the image of the American president, the reverse side that of a spaceship. From confidential, usually well-informed sources, AsiaNews has learned that this type of paper money was issued less than ten years ago (in 1998), although it is difficult to know whether those seized in Chiasso are authentic. But the fact that the release of this particular State Treasury was not completely in the public domain tends to exclude the possibility of counterfeiting. It highly unreasonable to suppose that a forger would reproduce a State Treasury not commonly in circulation and of which there is no public knowledge. For this reason, it can be concluded that the 124.5 billion dollars divided in 249 bonds of 500 million each are authentic. These titles, although referred to as "Federal Reserve Notes" are actually bonds, because they accrue interest and are redeemable at maturity. But one question remains unsolved regarding them. It is somewhat hard to understand why the securities, which were from the outset indistinguishable from the original to the GdF, all have their coupons. Any ordinary investor, even a state, would have cashed in the interest coupon every year, so as not to lose purchasing power.

I know too much Turner talk but thought provoking nevertheless

[Satyagraha]

Thanks sheeple --- this is fascinating to watch as it slowly unwinds. The story put forward by the US is laughable...someone get these people a scriptwriter. This is bad fiction.

[TahoeBlue]

These photos reveal that the securities under discussion are not bonds but Treasury Notes

I love it. Kinda what I thought. They are (probbably) real.

[NWOSCUM]

Japan was trying to sell in Switzerland, not trusting the ability of the United States to honour its debt.

   

[Sheepleprod]

Just when you thought it was over.


http://www.bloomberg.com/apps/news?pid=20601092&sid=afX0BWHToC1g


U.S. Authorities Probing $100 Billion of Bonds Seized in Italy
Share | Email | Print | A A A

By Sonia Sirletti and Elisa Martinuzzi

Sept. 18 (Bloomberg) -- The U.S. Secret Service is examining more than $100 billion of U.S. government bonds confiscated in northern Italy in August, just two months after $134 billion of allegedly fake securities were seized in a nearby town.

The Secret Service is analyzing whether the bonds taken in August may be counterfeit, said a spokeswoman for the U.S. embassy in Rome. Italy’s financial police in Varese, north of Milan, arrested two individuals carrying the securities in a briefcase, according to a person involved in the case.

The two men currently are in custody as prosecutors in the town of Busto Arsizio carry out their investigation, the person said. The seized notes include securities with face values of $500 million and $1 billion, Italian daily MF reported today, without saying where it got the information.

“There must be a well-organized group behind these alleged crimes,” Fabio Polimeni, a Milan lawyer specializing in counterfeiting cases, said.

Italian authorities seized U.S. treasuries on June 4 with a face value of more than $134 billion from two Japanese travelers attempting to cross into Switzerland. The two men later disappeared and the case is still under investigation. The U.S. government bonds found in the false bottom of a suitcase carried by the men were fake, a U.S. Treasury spokesman said June 18.

“As financial markets become more sophisticated, creative and bigger, we can expect criminal activity to go with it and it’s happening everywhere,” Livia Oglio, a Milan lawyer, said. “The amount seized is phenomenal.”

Since the beginning of the year the police at border stations in Italy have seized 1.7 million euros of genuine money and bonds, and have confiscated more than 100 million euros of bonds that have been determined to be false, according to an Italian finance police statement in July.

To contact the reporter on this story: Sonia Sirletti in Milan at ssirletti@bloomberg.net

[Mike Philbin]

if it's not been done already, there's loads of Hollywood potential in THE COURIER - let's see if he can evade the authorities who want to steal somebody else's money.



Running + explosions generic adventure franchise starring random dynamic bloko and feckless love interest with a head spinning lead actor(s) switch half way through the series - sigh.

[NWOSCUM]

Wait a minute, below the bonds are a fake and now they are investigating to see if they are real?  This fish get's stinkier by the hour.

They keep changing the story.... won't identify any names



http://www.nytimes.com/2009/06/26/business/global/26fake.html
Mystery of Fake U.S. Bonds Fuels Web Theories

 By ELISABETTA POVOLEDO
Published: June 25, 2009
Ever since two middle-aged men with Japanese passports were caught in Italy this month trying to smuggle a purported $134.5 billion in United States government bearer bonds into Switzerland, the Internet has been abuzz with theories.

Was the Japanese government, or some other creditor nation, secretly trying to dump Treasury bonds to drive down the value of the dollar? Had the Italian mafia stolen the equivalent of 1 percent of the American gross domestic product, using the paper, which supposedly was instantly convertible into cash, to run a giant scam?

Adding spice was the whole Bond — James Bond — aspect of the tale. A crowded customs checkpoint near the Alps; two men traveling on a local train, professing that they had nothing to declare; and a false-bottom suitcase containing United States government bonds made out in stratospheric denominations.

In all, the Italian financial police and customs guards confiscated 249 paper bonds, each supposedly worth $500 million, and 10 bonds with a face value of $1 billion each.

Too bad the bonds were fake.

“The whole thing is a total fraud,” Stephen Meyerhardt, a spokesman for the Treasury Department, said Thursday. “They don’t look anything like real securities, which in any case were never issued in any of those denominations.”

The highest denomination ever issued by the Treasury Department was $10,000, he said. The Italian financial police claimed some of the paper was “Kennedy bonds” from the 1930s, but no such bonds ever existed. And the total of Treasury bearer bonds still outstanding is a mere $105 million; the Treasury has been issuing bonds in electronic form since 1986.

But none of this has stopped the rumor mill from grinding away. After reports of the seizure began to trickle out of Italy, the blogosphere sprang into action, the ponderings fueled by suspicions that the mainstream media was willfully ignoring the tale.

The story took on greater life after Italian authorities — who have refused to talk about the scandal — declined to declare the bonds fakes until they were examined by Washington. After all, although the Guardia di Finanza suspected the bonds were false, if they were not, the Italian treasury stood to profit from a law that permits the government to pocket up to 40 percent of the total value of cash or securities smuggled into the country over the legal export limit, which is 10,000 euros.

Repeated telephone calls to the prosecutors’ office in Como, Italy, that is handling the investigation were not returned.

Darrin Blackford, a spokesman for the United States Secret Service, which was contacted by the Italian financial police and the prosecutor’s office to determine the “legitimacy of the seized financial instruments,” said that his agency had verified the bonds were “fictitious instruments and were never issued by the United States government.”

Col. Rodolfo Mecarelli, the provincial commander of the financial police in Como, said the investigations were focused on “understanding who these men were and where they were from.”

Or where they might have been going. “Switzerland may not have been their final destination,” he said in a recent interview. “They could have taken a plane anywhere.”

Also unknown are the whereabouts of the two men, who were released after being stopped in early June. Italian law does not call for the criminal arrest of persons found to be taking funds without permission to another country. It might have been another matter if the police had determined immediately that the bonds were false.

“The men were questioned, but not arrested,” said Naoki Oyakawa, an official at the Japanese consulate in Milan, which contacted judicial officials in Como after reading about the seizure in the Italian papers.

He said the two men had valid Japanese passports, but he would not elaborate further on their identities. “We don’t know where they are now,” he said. “We have had no contact with the two men. They have not asked us for our help.”

What the bonds were for remains unclear. “It’s not the sort of thing that you can just go into a bank and convert,” said Colonel Mecarelli. “But they may have been useful to guarantee business deals among people who don’t use cash.”

Agencies that deal with financial crimes, including Europol, declined to comment while the Italian investigation was still under way.

The Treasury Department says it is stumped, too.

“I can’t speak to the motives of the person or persons who tried to do this,” Mr. Meyerhardt said. “I would guess that they were trying to find someone foolish enough to buy the securities for real money.”

-----------------

Wild theories for example:

http://benjaminfulford.typepad.com/benjaminfulford/2009/06/about-the-1345-billion-bonds-found-in-italy-and-the-secret-financial-system.html

06/24/2009
About the $134.5 billion bonds found in Italy and the secret financial system
There is a lot of confusion these days among people who still believe the Zionist web of lies formerly known as the “mainstream consensus.” The story about the $134.5 billion in bonds found in Italy is adding to that confusion. Perhaps a bit of background information will help clarify the situation somewhat.

First of all people need to realize that there are two sets of books used in global finance: the “official” data put out by government agencies etc. and the secret financial arrangements used between sovereign entities (countries as well as organizations). When members of the British and Japanese royal families first contacted me and started talking about thousands of trillions of dollars, I thought they were bonkers. Officially world GDP is $55 trillion so their numbers seemed impossible. However, after meeting multiple sources ranging from freemasons, to yakuza, to MI6 to Japanese security police, to CIA etc. I can now confirm there is a secret financial system whose total worth is “quintillions of dollars.” I think the numbers got this big as a result of some sort of ridiculous contest to see who had the largest penis among the folk who control the printing presses for dollars and euros etc.

In any case, the bonds found in Italy are connected to a massive operation that took place in the Far East before and during WW2. Part of that involved the Japanese invasion of Manchuria. When the Japanese invaded Manchuria in 1931 the owners of the Federal Reserve Board contacted the Chinese emperor and said “the Japanese are about to steal the treasure you have in Manchuria. How about we take that treasure to the Philippines for safe keeping? In exchange we will give you 70-year US government bonds that you can use to buy stuff from around the world.”

The emperor agreed to the deal and the Americans started issuing huge numbers of bonds backed by the emperor’s gold. To keep these shenanigans out of the US public eye, they printed the bonds in the Philippines. Some of these bonds are the ones the two Japanese were carrying in Italy.
....

[Kilika]

So what are the ramifications of those bonds being real, and the US claiming their fakes. If fakes, no need to honor them right? Hmm. Defiantely fishy.

[Sheepleprod]

Wait a minute, below the bonds are a fake and now they are investigating to see if they are real?  This fish get's stinkier by the hour.

The way I interpreted the story is that the 100 Billion in bonds seized in August are a separate bust.  The 134 billion was last reported to still be under investigation in July.  Although the 2 Japanese "disappeared"  funny they are holding the other 2 individuals caught more recently but are not revealing any details of their race or associations.

[grapecrusher1]

The way I interpreted the story is that the 100 Billion in bonds seized in August are a separate bust.  The 134 billion was last reported to still be under investigation in July.  Although the 2 Japanese "disappeared"  funny they are holding the other 2 individuals caught more recently but are not revealing any details of their race or associations.

Definitely 2 incidents and I dont recall a concrete report about the $134 billion bonds illegitimacy.  There was speculation, but really how could they be faked?  You would think there would be an authentication process for a 1 billion piece of paper.

[NWOSCUM]

The way I interpreted the story is that the 100 Billion in bonds seized in August are a separate bust.  The 134 billion was last reported to still be under investigation in July.  Although the 2 Japanese "disappeared"  funny they are holding the other 2 individuals caught more recently but are not revealing any details of their race or associations.

You're right.  My bad.......

[Sheepleprod]

Which begs the question why so long to investigate and verify their authenticity?  Why did they let the Japanese go on the 134bil bust but hold these others?

[Satyagraha]

The way I interpreted the story is that the 100 Billion in bonds seized in August are a separate bust.  The 134 billion was last reported to still be under investigation in July.  Although the 2 Japanese "disappeared"  funny they are holding the other 2 individuals caught more recently but are not revealing any details of their race or associations.

From the FIRST time this happened...

A crowded customs checkpoint near the Alps; two men traveling on a local train, professing that they had nothing to declare; and a false-bottom suitcase containing United States government bonds made out in stratospheric denominations...."

Those little towns near Varese, Italy appear to be hotspots smuggling more than a billion dollars in fake/real US Bonds... then the perpetrators get caught, then disappear. Kind of like this story, which gets written, then disappears... just south of the Swiss border, it appears Varese is convenient to Swiss Banks. Fascinating glimpse into what happens when international bankers try to quietly move big bucks around undetected... I think that's what's happening. The 'portable' money supply.

[TahoeBlue]

Another 100 Billion ... again no names of the perps (but they "hold" them) ... can someone find an original august news account?

From the map the destination may also have been Liechtenstein which is more secure then swiss banks for laundered money...

Judge: Feds Can Access Americans Swiss Accounts

This is totally selective enforcement. Given a name they will investigate individual "Tax" fraud and nothing else.  This leaves the NWO TPTB corporate-government money skimming-laundering to continue as usual.

G20 EOCD new - Blacklist
http://www.oecd.org/document/57/0,3343,en_2649_34487_42496569_1_1_1_1,00.html

02/04/2009 - Following the G20 meeting and communiqué , the OECD Secretariat has provided a detailed report on progress by financial centres around the world towards implementation of an internationally agreed standard on exchange of information for tax purposes. The report available here consists of four parts:

jurisdictions that have substantially implemented the internationally agreed tax standard.

tax havens that have committed to the internationally agreed tax standard but have not yet substantially implemented it.

other financial centres that have committed to the internationally agreed tax standard but have not yet substantially implemented it.

jurisdictions that have not committed to implement the internationally agreed tax standard. Welcoming the outcome of the G20 meeting, OECD Secretary General Angel Gurria said “recent developments reinforce the status of the OECD standard as the international benchmark and represent significant steps towards a level playing field. We now have an ambitious agenda, that the OECD is well placed to deliver on. I am confident that we can turn these new commitments into concrete actions to strengthen the integrity and transparency of the financial system”.

http://www.oecd.org/dataoecd/38/14/42497950.pdf

Jurisdictions that have not committed to the internationally agreed tax standard

Costa Rica
Malaysia (Labuan)
Philippines
Uruguay

Jurisdictions that have committed to the internationally agreed tax standard, but have not yet substantially implemented

Andorra
Anguilla
Antigua and Barbuda
Aruba
Bahamas
Bahrain
Belize
Bermuda
British Virgin Islands
Cayman Islands4
Cook Islands
Dominica
Gibraltar
Grenada
Liberia
Liechtenstein
Marshall Islands
Monaco
Montserrat
Nauru
Neth. Antilles
Niue
Panama
St Kitts and Nevis
St Lucia
St Vincent & Grenadines
Samoa
San Marino
Turks and Caicos Islands
Vanuatu


Other Financial Centres
Austria 5
Belgium 5
Brunei
Chile
Guatemala
Luxembourg 5
Singapore
Switzerland 5

http://news.bbc.co.uk/2/hi/business/7980848.stm

OECD names and shames tax havens   
 
The Organisation for Economic Cooperation and Development (OECD) has published its blacklist of non-cooperative tax havens.
Costa Rica, Malaysia, the Philippines and Uruguay are the countries listed as not having agreed to tax standards.

The list is part of efforts agreed by the G20 to clamp down on tax havens, which may involve using sanctions. Three of the blacklisted countries have said that they should be removed from the list.

There is also a list of 38 places that have agreed to improve standards but not yet done so, such as Gibraltar, Liechtenstein, Andorra and San Marino.

On Thursday, G20 leaders agreed to take sanctions against tax havens using the OECD list as its basis.

In their communique, they agreed, "to take action against non-cooperative jurisdictions, including tax havens".  "We stand ready to deploy sanctions to protect our public finances and financial systems. The era of banking secrecy is over."

Pressure

Angel Gurria, secretary general of the OECD, said that the G20 summit had helped to focus minds on the issue of tax havens.

"We've had more progress in the last two weeks on this matter than we've had in the last 10 or 12 years," he told the BBC.
He added that the progress had come despite the leaders not specifying what sanctions they would take.

"[Non-cooperating countries] will move because they know the question of sanctions, however ill-defined that was, is going to affect them somehow."

The Philippines is already reported to be taking steps to remove itself from the blacklist.

"The Philippine government would take the necessary steps to ensure we meet their expectations," Trade Secretary Peter Favila told the Associated Press news agency.

"It is really up to us to prove them wrong."

Malaysian Prime Minister Najib Razak said that his country should not be on the blacklist at all.

"We should not be in that category as, in practice, we have been committed to OECD requirements," he said in a statement.

Uruguay has also objected to its inclusion on the list.
"In Uruguay, we are not a tax haven," President Tabare Vazquez said.
"Uruguay may not be a monastery, but it is not a casino," he added.

[Aerioch]

Seriously though... when is the last time you have seen authorities check a suitcase for a false bottom..."randomly".

The MSN splattered the 24hour news cycle with this story, and then drops it completely leaving it unresolved.  Yet they will stay with little Kaylee's murder via her bar-crawling "Tot-Mom" for months.

[Satyagraha]

Seriously though... when is the last time you have seen authorities check a suitcase for a false bottom..."randomly".

The MSN splattered the 24hour news cycle with this story, and then drops it completely leaving it unresolved.  Yet they will stay with little Kaylee's murder via her bar-crawling "Tot-Mom" for months.

That's a good point... they're definitely supressing this story. I'm amazed we even had coverage on episode 2.

[darsie]

What were the Japanese intending to do with these bonds? Sell them on?

If so - who would be willing to trade for them - at least at their face value?

(If the Japanese consider these bonds no longer reedemable by the US Treasury then it speaks volumes about the true state of the US economy and the state of its fiscal affairs.)

[Overcast]

Ok so no one except Glenn the Shill Beck touches this story in US press UNTIL.........See below 

http://online.wsj.com/article/BT-CO-20090618-707082.html


 WASHINGTON (Dow Jones)--A cache of what appeared to be around $135 billion of U.S. bonds seized at the Italian-Swiss border is, in fact, worthless, a Treasury Department spokesman said.

Two alleged Japanese citizens were stopped by Italian authorities June 4 trying to cross into Switzerland with the supposed bonds, hidden in the false bottom of a suitcase, the authorities said.

Authorities said they found 249 certificates worth $500 million each and 10 bonds worth more than $1 billion each, as well as other alleged original banking statements.

Stephen Meyerhardt, a spokesman for Treasury's Bureau of Public Debt, said Thursday the paper is phony.

"Based on the photos we've seen on the Web, they're not even close to looking like a Treasury security," he said.

In the 1980s, the U.S. began converting its marketable debt from paper; these days, Treasury securities are issued electronically.

An official at Japan's Consulate General in Milan said Tuesday that Italy was still investigating the case, adding it wasn't confirmed the two men are Japanese.

"We sent a letter asking for further information to the Italian tax police as well as prosecutors," the Japanese official said.

And now that says:

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[chris jones]

This is a barell of BS. Where was our justice department, they would know in a matter of minutes if thse bonds were fake.

Nah, this goes deeper, and these lackeys are covering the truth.

They would not have been released unless the US Gov. OKed it, just my opinion.

[TahoeBlue]

That's a good point... they're definitely supressing this story. I'm amazed we even had coverage on episode 2.

I haven't found any other articles or followup on the Bloomberg article referencing Italy's MF news report.
All the other reports reference that original release.

Nothing - Nada . Anyone in Italy give us a clue? a vowel?

[Satyagraha]

Some reporter in Italy probably got canned for that story... I think the CASE CLOSED stamp went on that file.. and somewhere two (Japanese?) guys are sitting in a sushi bar congratulating themselves for getting away. Again.

[Sheepleprod]

Some reporter in Italy probably got canned for that story... I think the CASE CLOSED stamp went on that file.. and somewhere two (Japanese?) guys are sitting in a sushi bar congratulating themselves for getting away. Again.

It baffles me that they claim the investigation is still ongoing WTF???  They haven't even confirmed that the bonds are fake they just said yep by the looks from 7000 miles away they are fake.  I have a friend in Italy they tell me there is nothing mainstream or alternative on this outside of July.  The second Bond stroy broke in August and we are jsut now hearing about it on Bloomberg?

Im still digging! 

[Satyagraha]

It baffles me that they claim the investigation is still ongoing WTF???  They haven't even confirmed that the bonds are fake they just said yep by the looks from 7000 miles away they are fake.  I have a friend in Italy they tell me there is nothing mainstream or alternative on this outside of July.  The second Bond stroy broke in August and we are jsut now hearing about it on Bloomberg?

Im still digging!  

I think this is a little teeny glimpse into the undershorts of the international banksters.. and it ain't pretty. I bet that the story is deep-sixed... PERIOD. But I will also dig for anything I can find. It's fascinating - someone slipped up.

[Sheepleprod]

Related and unrelated but things are quickening at a rate that is just making my head spin I cant keep up with all the tyranny anymore.  This feels like a desperate attempt to maintain control.

[grapecrusher1]

I think this is a little teeny glimpse into the undershorts of the international banksters.. and it ain't pretty. I bet that the story is deep-sixed... PERIOD. But I will also dig for anything I can find. It's fascinating - someone slipped up.

I think it may have more to do with corporate espionage and big boys battling than error.  Maybe authorities were informed to investigate these people "check the false bottom btw."

 This happening once with 135 billion is amazing but twice -- what is going on?

[Sheepleprod]

So it has been pretty much assumed and I dare say proven there is a shadow banking double set of books.  Are these "FAKE" bonds a way of moving the shadow/real money around?  Are countries making huge moves of "shadow/real" currency preparing for whats coming?  All thoughts I have had since these stories broke

[Satyagraha]

So it has been pretty much assumed and I dare say proven there is a shadow banking double set of books.  Are these "FAKE" bonds a way of moving the shadow/real money around?  Are countries making huge moves of "shadow/real" currency preparing for whats coming?  All thoughts I have had since these stories broke

Sheeple.. I think Max Keiser was on to something when he suggested they're moving the money around to 'fill' accounts as needed to cover huge deficits. That would make these bonds (the equivalent of cash) an 'instant' bulging bank account that shows up when needed, then moves to the next location where cash is needed. ?? That seems to be one way to explain this really insane way to move money around - BIG HUGE GIANT PILES of money. Who but a government would do that? (where government = bankers).

[Sheepleprod]

Well Hell when you have headlines like this on the front page of Fox News

Obama to Usher In New World Order at G-20

http://www.foxnews.com/politics/2009/09/25/obama-announce-expansion-global-cooperation/?test=latestnews

Why Hide it anymore???  Just go for it pull the plug descend us into full scale martial law and let's see what happens.  I mean they know we are onto them only thing left to do is weed us out right?