Le site Bellaciao: coloré, multiple, ou le meilleur cotoie fort heureusement le pire, mélangé, bizarre, picabien et dadaîste, explorant toutes sortes de registres et de régimes rhétoriques, drole et polémiqueur, surréaliste: rencontre d'un parapluie et d'une machine à coudre sur une table de dissection, têtes de Lénine sur le clavier d'un piano Steinway ou Bosendorfer...
FR
ES
Senal en Vivo
VIDEO
RADIO
FRIENDS SITES
with Bellaciao
Bellaciao hosted by
To rebel is right, to disobey is a duty, to act is necessary !
Bellaciao  mobile version   |   Home  |   About us   |   Donation  |   Links  |   Contact  |   Search
Mystery surrounding 134.5 “fake” billion US dollars seized in Ponte Chiasso remains

by : Asia News
Friday June 19, 2009 - 03:27
5 comments

After two weeks a US Treasury official says securities were fakes. Italy’s financial police is silent. The case is still baffling and full of discrepancies.

06/18/2009 18:07 ASIA – ITALY

Milan (AsiaNews) – US government bonds seized by Italy’s financial police (Guardia di Finanza) at Ponte Chiasso, an the Italian town on the border with Switzerland, are “clearly fakes,” Stephen Meyerhardt, spokesman for the US Bureau of the Public Debt, is quoted as saying in a news report by the Bloomberg agency. AsiaNews contacted the divisional headquarters of Italy’s financial police in Como, which is responsible for Ponte Chiasso, asking for an explanation but none has come forth yet.

For some days the affair has been in the limelight [1]. Importantly, at the time of the bonds were seized it was not possible to determine whether the US government bonds and US Federal Reserve certificates were real of fakes.

Right after the seizure Colonel Mecarelli, Guardia di Finanza commander in Como, said that for at least some of the securities, especially the ‘Kennedy Bonds’, there were doubts about their authenticity. As for the others, some were so well made that it was hard to tell them apart from real ones.

The seizure was carried out two weeks ago. The bonds were in the possession of two Oriental-looking individuals in their fifties with Japanese passports. The two men, were travelling from Milan to Chiasso, in Switzerland, on a local train used primarily by Italian workers commuting to-and-fro Switzerland for work.

At the customs office both men said they had nothing to declare but a check by financial police agents revealed a false bottom in their respective suitcases, each containing a fortune in US securities.

Also inside the agents found extensive and detailed original bank documents about the bonds.

If the latter were real the two Asian men had in their possession (although not necessarily in their ownership) a big chunk of the US debt which would have made them the fourth largest creditors of the United Sates.

Despite what US Treasury spokesman Meyerhardt said, and until more information is forthcoming from Italy’s financial police in Como for AsiaNews the mystery is still there.

Under Italian law when law enforcement agencies seize fake bonds or counterfeit money they are under the obligation to arrest the bearers. And in order to avoid misappropriation, the agency seizing the material, in this case the financial police, must quickly proceed to its destruction (i.e. incineration).

However, in case of real securities, after the securities holders are identified, the financial police must release them immediately after issuing a statement of confiscation and imposing a fine valued in this case at € 38 billion (US$ 53.4 billion). In this case, why were the two men released right away without any fine imposed?

That is not the only discrepancy. It is not clear how statements by US Treasury spokesman Meyerhardt and Italian financial police can be reconciled. For the former the bonds “are clearly fakes”; for the latter, speaking at the start of this whole affair, some bonds were indistinguishable from the real ones when it comes to quality and detail.

Italy’s Guardia di Finanza has a reputation for being a highly specialised and expert financial police agency. How could it be so easily duped! And if the bonds are “clearly fakes” why did it take US authorities two weeks to find out.

Another discrepancy is the fact that, along with the securities, original and recent bank documents were seized as proof of their authenticity.

If what Meyerhardt says is true, some major financial institutions have been deceived by the securities carried by the two Asian men. This would be a bombshell and raise serious questions as to how many bank assets are actually made up of securities that for Meyerhardt are “clearly fakes.”

If counterfeit securities of such high quality are in circulation the world’s monetary system, let alone that of the United States, is in danger. International trade and exchanges could come to a halt.

Whether it is counterfeit money or money laundering, what happened is potentially more dangerous for the stability of the international system than the results of Iran’s elections.

If the bonds are real it means someone with a lot of cash no longer trusts the US dollar as a reserve currency. If this is the case then it would spell the end of the Bretton Woods system and most likely negatively impact world trade.

Unfortunately the international press and main TV networks, with some exceptions, have ignored the whole affair. These days this is actually the real news.

http://www.asianews.it/index.php?l=...

[1] See “US government securities seized from Japanese nationals, not clear whether real or fake,” AsiaNews, 8 June 2009, and “Seizure of US government bonds from two Japanese men in Italy raises questions,” AsiaNews, 8 June 2009.

http://www.asianews.it/index.php?l=...

More here:

06/12/2009 19:05 ASIA – ITALY Seizure of US government bonds from two Japanese men in Italy raises questions Seized US bonds are worth US$ 134.5 billion. The whole affair touches a number of economic and political issues. For some the resignation of Japan’s Interior minister might be related to it.

http://www.asianews.it/index.php?l=...



Leave a comment
Print this article


Commentaires de l'article
 

Mystery surrounding 134.5 “fake” billion US dollars seized in Ponte Chiasso remains
Monday June 22 - 03:48 - Posted by efejuku - e86ccf1578e66902...

The bonds are real. It’s the explanation that’s fake. The US gov’t has been issuing bonds "under the table" to Japan. And Japan is now trying to unload them.




Mystery surrounding 134.5 “fake” billion US dollars seized in Ponte Chiasso remains
Monday June 22 - 11:45 - Posted by Holocaust Gaza - 9601659c33d5c36e...

That could be an explanation.



Mystery surrounding 134.5 “fake” billion US dollars seized in Ponte Chiasso remains
Monday June 22 - 21:07 - Posted by Amerikagulag - 0869ff57d387c0b6...

Don’t matter now. The guys were released. It’s all under the rug. Nothing to see here....move along.




Mystery surrounding 134.5 “fake” billion US dollars seized in Ponte Chiasso remains
Friday June 26 - 10:25 - Posted by Grav Moran - 48d724defa68877d...

Whether bonds fake or real the Italian police have still not officialy said. Still Too many conflicting reports in media about the identity of smugglers, when detained, how long, when released, did detainees request attorney and does attorney have a name??? This site http://slyryder.com/bondgate.html seems to be focusing on the timeline surrounding the detainees and what the Italian police knew about the passports and when they knew. Good site, good resources with good photo and videos and commentary on the police investigations thus far. Asia News has also been doing great job on this story. The Italian police not very cooperative. Maybe they bungled everything! Really, for all we know, the Italian police might have actually released the detainees to someone pretending to be an attorney.




Mystery surrounding 134.5 “fake” billion US dollars seized in Ponte Chiasso remains
Sunday June 28 - 17:14 - Posted by Ssprinklv - e40d460d8087d6e9...

Of course those bonds are real, who in their right mind would attempt to deal Billion dollar counterfeits? Bonds of this amount will be intolerably scrutinized of their authenticity. It is so much easier to do like North Korea and just print really good counterfeit bills.

The treasury could never admit that the bonds are real. Just the fact that the mainstream media in the U.S. won’t cover this story authenticates the bonds in my mind. If they were fake the story would be everywhere in the media. Even if just to show the American people how efficient they are at catching counterfeiters. No coverage = cover-up. Always has and probably always will.







PEOPLE OF COLOR: THE NFL DOESN’T GIVE A DAMN ABOUT YOU
Tuesday 17 - 23:07
by David R. Hoffman, Legal Editor of Pravda.Report
TRUMP, JONES, THE NFL, AND THE NEW MCCARTHYISM
Tuesday 10 - 23:14
by David R. Hoffman, Legal Editor of Pravda.Report
Catalonia referendum: 90% voted for independence, say officials (video)
Monday 2 - 09:55
Catalonia referendum: ’Spanish authorities are the criminals’ (video)
Monday 2 - 09:47
If I was truly evil
Tuesday 12 - 14:22
Yves Bouvier Faces Swiss Tax Investigation
Saturday 9 - 03:27
by lishk
The Polisario front suspected of double-play around humanitarian aid hijacking
Friday 8 - 21:44
by NathanT
The Polisario front suspected of double-play around humanitarian aid hijacking
Friday 8 - 21:37
by Nathan Taylor
AMERICA’S JUDASES
Sunday 27 - 20:02
by David R. Hoffman, Legal Editor of Pravda.Report
What happend to Soraya and Hussein Khashoggi?
Friday 25 - 20:38
by Perseus
The falling Max Ehrich
Thursday 17 - 19:40
by celbbetty
DAMN THE NFL
Wednesday 16 - 01:44
by David R. Hoffman, Legal Editor of Pravda.Report
Overplaying your hand
Thursday 10 - 12:36
Gujarat Flood 2017 Devastation- Inevitable or Orchestrated in Dhanera ?
Thursday 3 - 06:19
by Dwarika Nath Rath
Multiple citizenship & Zionist subversion of America, Australia, India, Humanity
Wednesday 2 - 03:10
by Dr Gideon Polya
I’M AN IDIOT AND I VOTE
Thursday 27 - 23:23
by David R. Hoffman
The Top Ten Art Scandals That Have Rocked the World
Tuesday 18 - 15:48
by Curtis Judge
John Pilger slams Mainstream silence re Apartheid Israel crimes: Free Palestine
Thursday 13 - 02:43
by Dr Gideon Polya
RUSSIAN MAFIA – NOW IN DUBAI?
Monday 3 - 14:52
by James Dolay
THE NFL IS RACIST
Saturday 1 - 00:31
by David R. Hoffman, Legal Editor of Pravda.Report
Australian Finkel Review has dirty energy for 50 years & ignores 25 key issues
Monday 19 - 03:37
by Dr Gideon Polya
ENOUGH IS ENOUGH: JUSTICE FOR PHILANDO CASTILE
Sunday 18 - 01:03
by David R. Hoffman, Legal Editor of Pravda.Report
Find out what is true and false about climate change - Kenneth Pouchet
Friday 16 - 17:43
by Kenneth Pouchet
Freedom For Me, But Not You
Wednesday 31 - 02:17
by David R. Hoffman, Legal Editor of Pravda.Report
Post-Apartheid, non-racist, One State, democratic Palestine can happen tomorrow
Tuesday 30 - 08:21
by Dr Gideon Polya
A Review of Gilad Atzmon’s new book, “Being In Time: The Post-Political Manifes
Wednesday 17 - 21:23
by June Terpstra
Avoiding Another War in North Korea
Sunday 14 - 18:27
by William John Cox
Judah Ben Hur for President 2020
Saturday 13 - 16:15
by William Morgan
ARTICLES OF IMPEACHMENT FOR DONALD J. TRUMP
Saturday 13 - 02:33
by David R. Hoffman, Legal Editor of Pravda.Report
As War Party shadow boxes, its agenda surges unopposed
Friday 12 - 14:28
by Daniel Patrick Welch
Yves Bouvier caught in a real estate bankruptcy
Thursday 11 - 20:19
by Pierre Gove
Book: This Is How The State Fucks Your Mind
Tuesday 9 - 19:16
by OAF
ISRAEL’S 1967 ATTACK ON INTELLIGENCE SHIP U.S.S. LIBERTY - THE ONLY MYSTERY
Thursday 20 - 20:06
by JOHN CHUCKMAN
Denmark eaten down to the bone, what’s next?
Wednesday 19 - 16:22
by Henrik Petersen
A Financial Toll Tax: Transform, Not Reform, the U.S. Tax System
Monday 17 - 22:55
by William John Cox
COMPLETE DEGRADATION OF A SELF-STYLED GREAT NATION
Saturday 8 - 16:35
by JOHN CHUCKMAN
ATTACKING PEOPLE WITH FLEETS OF MISSILES BEFORE YOU HAVE ANY FACTS
Friday 7 - 20:34
by JOHN CHUCKMAN
Syrian rebels used Sarin nerve gas, not Assad’s regime: U.N. official
Thursday 6 - 23:09
by Shaun Waterman
TRUMP’S FRIGHTENING TURNAROUND ON SYRIA – A STRONG SIGNAL ABOUT WHO REALLY RUNS
Thursday 6 - 17:22
by JOHN CHUCKMAN
AMERICA’S POLITICS WITHOUT MEANING - THE FUNDAMENTAL QUESTIONS ABOUT THE COUNTRY
Thursday 30 - 17:37
by JOHN CHUCKMAN

home | webmaster



Follow-up of the site's activity
RSS Bellaciao En


rss FR / rss IT / rss ES



Bellaciao hosted by DRI

It is the responsibility of the intellectual to speak the truth and to expose lies. Noam Chomsky
Facebook Twitter Google+
DAZIBAO
I, European citizen, won’t let refugees be rejected in my name
Thursday 10 March
©Olivier Jobard/Myop I, European citizen, won’t let refugees be rejected in my name THE RIGHT TO ASYLUM IS A RIGHT In the phrase « right to asylum », every word matters. Under the law, every person who is persecuted because of his or her political opinions or because of his or her identity, every person that is endangered by violence, war or misery has a RIGHT to seek asylum in another country The aim of this petition is to collect (...)
read more...
Neo-Nazis and far-right protesters in Ukraine 3 live-stream
Friday 24 January
2 comments
The far-right in Ukraine are acting as the vanguard of a protest movement that is being reported as pro-democracy. The situation on the ground is not as simple as pro-EU and trade versus pro-Putin and Russian hegemony in the region. When US Senator John McCain dined with Ukraine’s opposition leaders in December, he shared a table and later a stage with the leader of the extreme far-right Svoboda party Oleh Tyahnybok. This is Oleh Tyahnybok, he has claimed a "Moscow-Jewish mafia" (...)
read more...
Hugo Chavez is dead (video live)
Wednesday 6 March
by : Collective BELLACIAO
1 comment
President Hugo Chavez companeros venezueliano died after a long battle with cancer.
read more...
International initiative to stop the war in Syria Yes to democracy, no to foreign intervention!
Thursday 13 December
Your support here: http://www.peaceinsyria.org/support.php We, the undersigned, who are part of an international civil society increasingly worried about the awful bloodshed of the Syrian people, are supporting a political initiative based on the results of a fact-finding mission which some of our colleagues undertook to Beirut and Damascus in September 2012. This initiative consists in calling for a delegation of highranking personalities and public figures to go to Syria in order to (...)
read more...
THE KU KLUX KLAN ONCE AGAIN CONTROLS INDIANA
Monday 12 November
by : David R. Hoffman, Legal Editor of Pravda.Ru
7 comments
At first glance, the results of America’s 2012 election appear to be a triumph for social, racial, and economic justice and progress in the United States: California voters passed a proposition requiring the rich to shoulder their fair share of the tax burden; Two states, Colorado and Washington, legalized the recreational use of marijuana, while Massachusetts approved the use of marijuana for medical purposes; Washington and two other states, Maine and Maryland, legalized same-sex (...)
read more...
I’VE DECIDED TO "WASTE" MY VOTE
Sunday 28 October
by : David R. Hoffman, Legal Editor of Pravda.Ru
In a 2004 episode of Comedy Central’s animated series South Park, an election was held to determine whether the new mascot for the town’s elementary school would be a “giant douche” or a “turd sandwich.” Confronted with these two equally unpalatable choices, one child, Stan Marsh, refused to vote at all, which resulted in his ostracization and subsequent banishment from the town. Although this satirical vulgarity was intended as a commentary on the two (...)
read more...
HIGHER EDUCATION IN AMERICA: DREAM OR NIGHTMARE? PART IV
Friday 28 September
by : David R. Hoffman, Legal Editor of Pravda.Ru
PART I PART II PART III If there is one major inconsistency in life, it is that young people who know little more than family, friends and school are suddenly, at the age of eighteen, supposed to decide what they want to do for the rest of their lives. Unfortunately, because of their limited life experiences, the illusions they have about certain occupations do not always comport to the realities. I discovered this the first time I went to college. About a year into my studies, I (...)
read more...
HIGHER EDUCATION IN AMERICA: DREAM OR NIGHTMARE? PART III
Friday 28 September
by : David R. Hoffman, Legal Editor of Pravda.Ru
PART I PART II PART IV Disillusioned with the machinations of so-called “traditional” colleges, I became an adjunct instructor at several “for-profit” colleges. Thanks largely to the power and pervasiveness of the Internet, “for-profit” colleges (hereinafter for-profits) have become a growing phenomenon in America. They have also been the subject of much political debate and the focus of a Frontline special entitled College Inc. Unlike traditional (...)
read more...
HIGHER EDUCATION IN AMERICA: DREAM OR NIGHTMARE? PART II
Friday 28 September
by : David R. Hoffman, Legal Editor of Pravda.Ru
PART I PART III PART IV Several years ago, a young lady came into the college where I was teaching to inquire about a full-time instructor’s position in the sociology department. She was advised that only adjunct positions were available. Her response was, “No thanks. Once an adjunct, always an adjunct.” Her words still echo in my mind. Even as colleges and universities raise their tuition costs, they are relying more and more on adjunct instructors. Adjuncts are (...)
read more...
HIGHER EDUCATION IN AMERICA: DREAM OR NIGHTMARE? PART I
Friday 28 September
by : David R. Hoffman, Legal Editor of Pravda.Ru
PART II PART III PART IV When The Bill of Rights was added to the United States Constitution over two hundred years ago, Americans were blessed with many rights considered to be “fundamental.” One conspicuously missing, however, was the right to an education. This was not surprising given the tenor of the times. America was primarily an agrarian culture, and education, especially higher education, was viewed as a privilege reserved for the children of the rich and (...)
read more...
ONE SOLITARY LIFE, PART TWO
Monday 30 July
by : David R. Hoffman, Legal Editor of Pravda.Ru
3 comments
If there is one universal question that haunts all human beings at some point in their lives, it is, “Why do we die?” Death, after all, is the great illogic. It ultimately claims all, the rich and the poor, the mighty and the small, the good and the evil. Death also has the capability to make most human pursuits—such as the quest for wealth, fame and power—vacuous and fleeting. Given this reality, I have often wondered why so many people are still willing to (...)
read more...
HOW MUCH CORRUPTION CAN DEMOCRACY ENDURE?
Thursday 28 June
by : David R. Hoffman, Legal Editor of Pravda.Ru
6 comments
How much corruption can a “democracy” endure before it ceases to be a democracy? If five venal, mendacious, duplicitous, amoral, biased and (dare I say it) satanic Supreme Court “justices”—John Roberts, Samuel Alito, Antonin Scalia, Clarence Thomas and Anthony Kennedy—have their way, America will soon find out. In several previous articles for Pravda.Ru, I have consistently warned how the Supreme Court’s 2010 Citizens United decision is one of the (...)
read more...
DEMOCRACY IN THE HANDS OF IDIOTS, PART TWO
Tuesday 12 June
by : David R. Hoffman, Legal Editor of Pravda.Ru
1 comment
Imagine, if you will, that the United States government passes a law banning advertisers from sponsoring commercials on Rush Limbaugh’s radio show or Rupert Murdoch’s Fox (Faux) “News” Network. On one hand, there would be two decided advantages to this ban: The National IQ would undoubtedly increase several percentage points, and manipulative pseudo-journalists would no longer be able to appeal to the basest instincts in human nature for ratings and profit while (...)
read more...
DEMOCRACY IN THE HANDS OF IDIOTS
Thursday 7 June
by : David R. Hoffman, Pravda.Ru Legal Editor
4 comments
LIVE, from the State that brought you Senator Joseph McCarthy, Wisconsin voters now proudly present, fresh from his recall election victory, Governor Scott Walker! At first glance, it is almost unfathomable that anyone with a modicum of intelligence would have voted to retain Scott Walker as Wisconsin’s governor. This, after all, is a man who openly declared he is trying to destroy the rights of workers through a “divide and conquer” strategy; who received 61% of the (...)
read more...
PEOPLE WITHOUT SOULS
Tuesday 13 March
by : David R. Hoffman, Legal Editor of Pravda.Ru
2 comments
A question I’ve frequently been asked since I began writing for Pravda.Ru in 2003 is, “Why did you become disillusioned with the practice of law?” This question is understandable, particularly since, in most people’s minds, being an attorney is synonymous with wealth and political power. I’ve always been reluctant to answer this question for fear it will discourage conscientious and ethical people from pursuing careers in the legal profession—a (...)
read more...