osoab
26th January 2011, 03:44 PM
Italy confiscates euro20 billion in fake US bonds (http://finance.yahoo.com/news/Italy-confiscates-euro20-apf-1927243563.html?x=0)
On Wednesday January 26, 2011, 10:15 am EST
ROME (AP) -- Italian authorities have confiscated $20 billion in counterfeit U.S. government bonds.
Authorities say the bonds were of a quality that theoretically could have defrauded financial institutions.
But a stop at a highway rest area where a group of Carabinieri military police were taking a break proved to be the undoing of the group.
A Carabinieri statement said officers did a routine search of the vehicles after the "suspicious" behaviour of the men and found "to their surprise" a briefcase with 40 bonds 0each valued at $500 million.
Officials said Wednesday that U.S. officials confirmed the bonds were counterefeit. The six men are under investigation for receiving stolen goods.
Unfortunate luck to stop where some mp's are?
On Wednesday January 26, 2011, 10:15 am EST
ROME (AP) -- Italian authorities have confiscated $20 billion in counterfeit U.S. government bonds.
Authorities say the bonds were of a quality that theoretically could have defrauded financial institutions.
But a stop at a highway rest area where a group of Carabinieri military police were taking a break proved to be the undoing of the group.
A Carabinieri statement said officers did a routine search of the vehicles after the "suspicious" behaviour of the men and found "to their surprise" a briefcase with 40 bonds 0each valued at $500 million.
Officials said Wednesday that U.S. officials confirmed the bonds were counterefeit. The six men are under investigation for receiving stolen goods.
Unfortunate luck to stop where some mp's are?