Keyword: counterfeiting

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  • Boston Marathon suspect's sister pleads guilty

    11/05/2014 7:55:33 AM PST · by bgill · 7 replies
    AP ^ | Nov. 4, 2014 | Denise Lavoie
    A sister of Boston Marathon bombing suspect Dzhokhar Tsarnaev pleaded guilty Tuesday to misleading a police detective during a counterfeiting investigation, avoiding jail time in an agreement with prosecutors. Ailina Tsarnaeva, 24, entered the plea in South Boston Municipal Court... prosecutors also considered separate charges pending against Tsarnaeva in New York, where she is accused of threatening to "put a bomb" on a perceived romantic rival.
  • Sen. Manchin demands complete US ban on Bitcoin

    02/26/2014 6:19:20 PM PST · by mmichaels1970 · 38 replies
    cnet.com ^ | 2/26/2014 | Declan McCullagh
    A US senator is asking the federal government to take this remarkable step: completely ban Bitcoin. Joe Manchin, a Democratic senator representing West Virginia, sent a letter Wednesday to the Treasury Department, the Federal Reserve, and other regulators characterizing the virtual currency as encouraging "illicit activity" as well as being "highly unstable and disruptive to our economy."
  • Fed Doesn't Have Authority to Regulate Bitcoin, Yellen Says

    02/27/2014 5:05:15 PM PST · by 2ndDivisionVet · 16 replies
    National Journal ^ | February 27, 2013 | Catherine Hollander
    The Federal Reserve Board doesn't have the authority to regulate bitcoin, Fed Chair Janet Yellen said Thursday. "To the best of my knowledge, there's no intersection at all in any way between bitcoin and banks the Federal Reserve has the ability to supervise or regulate," Yellen told members of the Senate Banking Committee. "The Federal Reserve simply does not have authority to supervise or regulate bitcoin in any way." Yellen was responding to questioning from Sen. Joe Manchin, D-W.Va., who sent the Fed and other banking regulators a letter on Wednesday calling on them to ban—or at least curb—the decentralized,...
  • Buying Silver At $100 And The Rebirth Of Counterfeiting

    01/20/2013 6:30:10 AM PST · by blam · 53 replies
    TMO ^ | 1-20-13 | Dr Jeff Lewis
    Buying Silver At $100 And The Rebirth Of Counterfeiting Commodities / Gold and Silver 2013January 19,2013 By: Dr Jeff Lewis The debate about buying silver rounds, “junk silver” or silver Eagles goes on and on. Although better prices may be available on silver rounds, investors continue to worry about the “China scare” and rumors of counterfeit silver coins. Also, the confiscation* of fiat money purchasing power via inflation will happen long before counterfeit makes an impact, so getting more metal for the money makes the most sense at this time. *(Confiscation of actual metal is separate issue we cover elsewhere)....
  • Santelli's Rant on More Quantitative Easing (calls it counterfeiting)

    08/27/2012 9:42:31 AM PDT · by Lorianne · 2 replies
    CNBC ^ | 27 August 2012 | Rick Santelli
    Video Transcript: other reasons, too, which we'll talk about later. cme group, rick santelli. looking at some long-term effects of qe. indeed, there is another name for qe. and we'll get to that momentarily. one of the great things about the human race is they can assimilate and accommodate. we talked about the swiss psychologist in the 1930s, the 1960s, really doing a lot of work here. what it simply means is that we're very adaptable as humans. i think quantitative easing fits into that. it's something that really doesn't seem like it's the answer for problems, printing more money,...
  • US citizen extradited on Hezbollah charges (dual US-Lebanese, Moussa Ali Hamdan)

    02/25/2011 2:32:30 PM PST · by NormsRevenge · 6 replies
    Yahoo ^ | 2/25/11 | AFP
    NEW YORK (AFP) – A dual US-Lebanese citizen has been extradited from Paraguay and charged with supporting Lebanon's Hezbollah militant force, US officials said Friday. Moussa Ali Hamdan, 38, appeared in court in Philadelphia following his extradition and has been charged with providing "material support to Hezbollah, a designated foreign terrorist organization," the federal prosecutor's office in Pennsylvania said in a statement. Hamdan was arrested by Paraguayan authorities June 15 on suspicion of supporting terrorism and was subsequently handed over to US custody. He is accused in the United States on 28 counts including conspiring to supply Hezbollah with proceeds...
  • Report of 1 Kilo Gold Bar Filled with Tungsten Found in UK

    03/26/2012 2:54:56 PM PDT · by KeyLargo · 48 replies · 20+ views
    Coinweek.com ^ | Mar 26, 2012
    Report of 1 Kilo Gold Bar Filled with Tungsten Found in UK March 26, 2012 “What appears to be a tungsten filled gold bar has been found – this time in the UK. It is believed that a scrap dealer bought the Metalor 1 kilo gold bar of 99.98% purity from a member of the public. Metalor are a leading international gold refiner and bar manufacturer, headquartered in Zurich. The bar appears to have been tampered with and may have had holes drilled into it or melted out and then had tungsten rods inserted or tungsten poured into the holes....
  • (LEAD) N. Korea says two Japanese detainees to face legal actions

    05/04/2011 5:07:57 AM PDT · by TigerLikesRooster · 1 replies
    Yonhap News ^ | 05/04/11
    (LEAD) N. Korea says two Japanese detainees to face legal actions SEOUL, May 4 (Yonhap) -- North Korea said Wednesday that it will take legal actions against two Japanese citizens detained since March on charges of drug trafficking and counterfeiting. North Korea arrested Masaki Furuya of JP Dairin and two other Japanese citizens after they entered Rason City in the North's special economic zone near North Korea's border with Russia on March 14. The North later expelled Furuya while it is preparing to take legal actions against Hidehiko Abe and Takumi Hirooka of two separate Japanese companies. "What they did...
  • 2 Mexican Suspects To Plead In Pittsburgh Counterfeiting

    03/28/2011 10:43:25 AM PDT · by rightwingintelligentsia · 19 replies
    WPXI ^ | March 28, 2011
    PITTSBURGH -- Two Mexican nationals were set to plead guilty in Pittsburgh to a federal grand jury indictment charging them with possessing nearly $38,700 in counterfeit $100 bills. The U.S. Secret Service took over the case after local police arrested the man on charges they passed some of the bills in October at a Macy's story in North Franklin Township, Washington County. Alejandro Ceron, 31, and Israel Sanchez, 23, both gave Brooklyn, N.Y., addresses but authorities said both men also had Mexican identification cards. Police said at least two of the $100 bills had the same serial number. Still, authorities...
  • Adventures in Counterfeiting

    03/22/2011 8:41:51 PM PDT · by TheConservativeCitizen · 24 replies
    The Constitution Club ^ | 03-22-11 | Zazu
    Ron Paul and Sovereign Citizen types are going berserk about this pretty interesting currency case. http://www.citizen-times.com/article/20110319/NEWS01/110319006/Liberty-Dollar-creator-convicted-federal-court A man has been convicted and could face 25 years in federal prison on counterfeiting charges, for what the government describes as a form of domestic terror designed to destabilize US currency. Bernard von NotHaus is some kind of anti-fed type who has minted and distributed millions of “Liberty Dollars”: silver coins that are 100% backed by precious metals he owns and are meant to be a more stable alternative to the US dollar. He claims the Liberty Coins are a form of barter,...
  • Man pleads guilty in Las Vegas ricin case

    08/05/2008 5:03:19 PM PDT · by RDTF · 5 replies · 173+ views
    LA Times ^ | Aug 5, 2008 | Ashley Powers
    LAS VEGAS -- An unemployed graphic designer who told investigators that he found making ricin an "exotic idea" pleaded guilty Monday to possessing the deadly toxin in a hotel room here. Roger Bergendorff, 57, also pleaded guilty to a federal weapons charge. (A second weapons charge was dropped.) He could face up to 20 years in prison at his Nov. 3 sentencing, though prosecutors are recommending that he serve a little more than three years. Bergendorff reportedly fantasized about harming people with the poison -- he had sketched an "injection delivery device" disguised as a pen -- but never carried...
  • Printers take skill out of counterfeiting

    11/06/2010 3:16:40 PM PDT · by JoeProBono · 23 replies
    upi ^ | Nov. 6, 2010
    Funny money is turning up in record amounts now that computers and high-tech printers have taken the skill out of counterfeiting, the U.S. Secret Service says. The agency said that in 2009 more than 60 percent of counterfeit bills were created on digital printers. In 1995 only 1 percent were. "There really is no craftsmanship or workmanship in this anymore," Special Agent Scott Vogel, a 20-year veteran, told the Detroit Free Press. "If you're able to put a piece of paper in a copy machine and push a button, that's pretty much all it takes." In the old days, investigators...
  • The Federal Reserve And U.S. Treasury Unveil The New 100 Dollar Bill

    04/22/2010 3:41:54 AM PDT · by Tolerance Sucks Rocks · 28 replies · 990+ views
    Before It's News ^ | April 21, 2010 | The Economic Collapse Blog
    The Federal Reserve and the U.S. Treasury have unveiled the new 100 dollar bill which will go into circulation starting on February 10th, 2011. Officials from the U.S. Department of the Treasury, the Federal Reserve System and the United States Secret Service held a press conference in Washington D.C. today to show off the new security features which they hope will reduce the threat of counterfeiting. The 100 dollar bill is the highest denomination of all Federal Reserve notes currently being produced, and circulation of the 100 dollar Federal Reserve note in the past 25 years has grown from $180...
  • Blogger admits Hawaii birth certificate forgery, subverting Obama claims (Uh-oh)

    07/03/2008 4:35:19 PM PDT · by SE Mom · 9,492 replies · 131,028+ views
    Israel Insider ^ | 3 July 2008 | Reuven Koret
    Jay McKinnon, a self-described Department of Homeland Security-trained document specialist, has implicated himself in the production of fraudulent Hawaii birth certificate images similar to the one endorsed as genuine by the Barack Obama campaign, and appearing on the same blog entry where the supposedly authentic document appears. The evidence of forgery and manipulation of images of official documents, triggered by Israel Insider's revelation of the collection of Hawaii birth certificate images on the Photobucket site and the detective work of independent investigative journalists and imaging professionals in the three weeks since the publication of the images, implicate the Daily Kos,...
  • 3 Arrested in Texas and Charged in Arizona for Counterfeiting and Selling DVDs

    11/13/2009 2:39:17 PM PST · by Larry381 · 4 replies · 449+ views
    Department of Justice ^ | November 13, 2009 | United States Attorney's Office District of Arizona
    TUCSON—An indictment was unsealed today in Tucson charging four naturalized U.S. citizens with a scheme which involved the unauthorized reproduction and distribution of copyrighted DVDs which netted them approximately $3 million dollars. A federal grand jury in Tucson returned a 10-count indictment against Chuen Han Yuen (aka Jason Yuen), 29; Man Yam Yuen, 58; Tsao Ping Ng, 54; and Sin L. Yuen (aka Michelle Yuen), 31, all originally of Hong Kong, charging them with Conspiracy, Mail Fraud, Wire Fraud and Copyright Infringement. Jason Yuen, Man Yam Yuen and Tsao Ping Ng were arrested without incident today by Special Agents with...
  • Kellogg's will use laser to burn logo onto individual corn flakes to stamp out fakes

    10/13/2009 10:30:45 AM PDT · by Stoat · 109 replies · 3,609+ views
    Kellogg's has developed a hi-tech method to stamp out imitation cereals - by branding individual flakes of corn with the company logo.   The new technology enables the firm - which makes 67million boxes of Corn Flakes every year - to burn the famous signature onto individual flakes using lasers.  Kellogg's plans to produce a number one-off trial batches of the branded flakes to test the system. Bosses will then consider inserting a proportion of branded flakes into each box to guarantee the cereal's origins and protect against imitation products.  If the system is successful it could be used...
  • ...Ecuador Conterfeiting Problems

    08/01/2009 10:45:43 PM PDT · by Cindy · 9 replies · 896+ views
    OSAC.gov ^ | July 30, 2009 | n/a
    Note: The following text is a quote: YOU ARE HERE: Home > Reports > Consular Affairs Bulletins > Report Warden Message: Ecuador Conterfeiting Problems CONSULAR AFFAIRS BULLETINS Americas - Ecuador 30 Jul 2009 U.S. Embassy Quito issued the following Warden Message on July 30, 2009: The U.S. Embassy and Consulate General in Ecuador wish to inform American citizens visiting or resident in Ecuador of the continuing problem of counterfeit U.S. dollars circulating within Ecuador. We remind American citizens to check your currency carefully when leaving any banking institution or private business within Ecuador. Recently, we’ve received reports of counterfeit bills...
  • Illegal Aliens Arrested on Wire Fraud Charges

    07/30/2009 3:06:16 PM PDT · by Larry381 · 7 replies · 794+ views
    Department of Justice ^ | July 30, 2009 | United States Attorney's Office Eastern District of Louisiana
    NEW ORLEANS, LA—JALLA PIERRE EMANUEL, age 38, and JACKSON NTONE NDEMBA, age 35, citizens of the Republic of Cameroon, were arrested yesterday by Special Agents of the Federal Bureau of Investigation and charged by a criminal complaint with conspiracy and wire fraud, announced U.S. Attorney Jim Letten. According to the affidavit in support of the criminal complaint, EMANUEL and NDEMBA fraudulently represented that they could produce two counterfeit bills utilizing one real bill. FBI investigation eventually resulted in a meeting with the defendants in which the defendants expected to receive $60,000 in U.S. currency from which they said they would...
  • The Japanese Bond Smugglers Are Missing

    06/17/2009 9:31:51 PM PDT · by FromLori · 38 replies · 2,508+ views
    A reporter is sent to Italy to learn more about the bond smuggling story. But nobody knows where the two men are. 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...
  • Two Individuals Indicted for Trafficking Counterfeit Gaming Machines and Computer Programs

    06/12/2009 3:06:35 PM PDT · by Larry381 · 1 replies · 222+ views
    Department of Justice ^ | June 11, 2009 | United States Attorney's Office District of Nevada
    WASHINGTON—Rodolfo Rodriguez Cabrera, 43, a Cuban national, and Henry Mantilla, 35, of Cape Coral, Florida, have been charged in a scheme to produce and sell counterfeit International Game Technology (IGT)-brand video gaming machines, commonly known as slot machines, and counterfeit IGT computer programs, announced Assistant Attorney General of the Criminal Division Lanny A. Breuer, U.S. Attorney for the District of Nevada Gregory A. Brower, and FBI Special Agent in Charge of the Las Vegas Field Office Steven M. Martinez. Cabrera was arrested June 8, 2009, in Riga, Latvia, based on the indictment. Mantilla is scheduled to appear based on a...
  • Smuggling Or Counterfeit-Printing?

    06/11/2009 5:12:23 PM PDT · by FromLori · 16 replies · 899+ views
    The Market Ticker ^ | 6/11/09 | Karl Denninger
    Ok, this was rumored several days ago, but now I can find actual news reports - at least, outside the US: Milan (AsiaNews) – Italy’s financial police (Guardia italiana di Finanza) has seized US bonds worth US 134.5 billion from two Japanese nationals at Chiasso (40 km from Milan) on the border between Italy and Switzerland. They include 249 US Federal Reserve bonds worth US$ 500 million each, plus ten Kennedy bonds and other US government securities worth a billion dollar each. Those sound like Bearer Bonds - at least the Kennedy ones do. We no longer issue those (nor...
  • Pres. Obama: Counterfeiter-in-Chief

    03/26/2009 7:10:08 AM PDT · by arthurus · 7 replies · 566+ views
    Seeking Alpha ^ | March 26, 2009 | Lee Eugene Munson
    Last Wednesday, the Fed announced that it would buy $1.2 trillion in new assets--$300 billion of which would be Treasuries, the rest mortgage-backed securities, or, well... we don't really know quite what. The term that's gaining currency (no pun intended!) to describe this phenomenon is 'quantitative easing.' It happens when a central bank has lowered interest rates so low that the only way to continue pumping money into the market is to create it out of thin air.
  • Fake money isn’t what it used to be[Today’s sad-sack counterfeiters]

    01/06/2009 9:56:25 AM PST · by BGHater · 41 replies · 2,188+ views
    The Kansas City Star ^ | 25 Dec 2008 | JOE LAMBE
    The Secret Service agent in Kansas City peered hard at a counterfeit $100 bill, ran a finger over it and grimaced in disgust. It was bad, ugly work. “Too slick, too,” said Charles Green, special agent in charge. More counterfeiters are using today’s ink-jet printers, computers and copiers to make money that’s just good enough to pass, he said, even though their product is awful. In the past, he said, the best American counterfeiters were skilled printers who used heavy offset presses to turn out decent 20s, 50s and 100s. Now that kind of work is rare and almost all...
  • Chinese Court Convicts 11 in Microsoft Piracy Case

    01/01/2009 10:00:24 AM PST · by Dr. Marten · 2 replies · 392+ views
    OCALA.Com ^ | 01.01.09 | DAVID BARBOZA
    SHANGHAI — A court in southern China convicted 11 people on Wednesday of violating national copyright laws and participating in a sophisticated counterfeiting ring that for years manufactured and distributed pirated Microsoft software throughout the world. The men were sentenced by a court in the city of Shenzhen to terms of 18 months to six and a half years in prison, according to court papers released late Wednesday. Microsoft applauded the sentence in a statement released late Wednesday Beijing time, saying they were the stiffest sentences ever handed down in this type of Chinese copyright infringement case. Microsoft has called...
  • The Secret War on the Dollar (Oliver North)

    09/25/2008 9:07:08 PM PDT · by jazusamo · 28 replies · 1,987+ views
    Townhall.com ^ | September 26, 2008 | Oliver North
    WASHINGTON -- On Wednesday night, President Bush addressed the nation in an effort to persuade Congress to pass a bill to reduce the risk to major financial institutions and to safeguard American families and businesses. On Thursday, he met with Sens. John McCain and Barack Obama and other congressional leaders to build a consensus plan for bailing out our financial system. The potentates on the Potomac now are pondering the price tag for saving Wall Street. Unfortunately, corrupt officials in other nations' capitals are also hard at work -- undermining what's left of the U.S. dollar by printing and distributing...
  • Illegal Ron Paul Currency Seized [more deatils, re: the ongoing "Liberty Dollar" follies]

    11/16/2007 10:13:07 AM PST · by KentTrappedInLiberalSeattle · 295 replies · 750+ views
    CNN.com ^ | 11/16/2007 | Staff
    EVANSVILLE, Indiana (AP) — Federal agents raided the headquarters of a group that produces illegal currency and puts it in circulation, seizing gold, silver and two tons of copper coins featuring Republican presidential candidate Ron Paul. Agents also took records, computers and froze the bank accounts at the "Liberty Dollar" headquarters during the Thursday raid, Bernard von NotHaus, founder of the National Organization for the Repeal of the Federal Reserve Act & Internal Revenue Code, said in a posting on the group's Web site. The organization, which is critical of the Federal Reserve, has repeatedly clashed with the federal government,...
  • Ruskies Passing Phony Dough Ahead Of Putin Visit

    06/30/2007 7:08:39 AM PDT · by Brainhose · 32 replies · 777+ views
    Seacoast OnLine ^ | Today | Brainhose
    Russian tried fake $100 bill By Susan Nolan snolan@seacoastonline.com June 29, 2007 6:00 AM PORTSMOUTH, NH — A Russian man attempted to pass off a phony $100 bill at the New Hampshire State Liquor store shortly before 8 p.m. Thursday, according to the store manager, who said a cashier discovered the bill was bogus. No arrest was made, according to police, but the incident was the talk of the store because Russians are known to be staying in the city ahead of Russian President Vladimir Putin's scheduled visit with President Bush in Kennebunkport, Maine, on Sunday. Liquor store manager Mike...
  • Italy fights back against food pirates

    06/28/2007 10:53:37 PM PDT · by bruinbirdman · 18 replies · 464+ views
    The Times ^ | 6/29/2007 | Richard Owen
    Mozzarella from Minnesota, Parmesan from Brazil, “Italian” tomatoes from China — Italy has had enough of other countries pirating some of its defining produce. Producers launched a campaign yesterday against what they call global “food fraud”. The Italian farmers’ union, Coldiretti, opened an exhibition of “counterfeit Italian foods”, purchased around the world, to raise the profile of its campaign. The exhibition in Palazzo Rospigliosi, the union’s Rome headquarters, follows a case in the European Court of Justice to prove that Parmesan cheese is not a “generic term”. Italy insists that the name refers only to Parmigiano Reggiano, made for centuries...
  • Tainted Toothpaste Not the Only Counterfeit Product on U.S. Shelves

    06/18/2007 6:21:29 PM PDT · by JACKRUSSELL · 33 replies · 1,269+ views
    ABC News ^ | June 18, 2007 | ABC News
    Investigators are scrambling today to figure out how many tubes of counterfeit Colgate toothpaste, tainted with a toxic chemical, were bought in discount stores. The toothpaste scare is a reminder that counterfeit products are often sold in the United States without consumers' knowledge. Rosemarie Rodriguez believes her family may have used the counterfeit Colgate toothpaste. Rodriguez says her twin daughters got sick after brushing their teeth. "My head hurt," Franchesca Rodriguez said. "It was hurting a lot, because I didn't feel well, and my eyes (hurt), too." The Food and Drug Administration uncovered the tainted toothpaste during a dragnet operation....
  • U.S. and Georgia investigate S. Ossetia counterfeiters

    11/26/2006 12:38:15 AM PST · by xtinct · 5 replies · 424+ views
    Reuters ^ | 11-26-06 | staff
    WASHINGTON (Reuters) - The U.S. Secret Service is working with police in the former Soviet republic of Georgia to investigate an international counterfeiting operation that produces fake $100 bills that have been seized in the United States and Israel, the Washington Post reported on Sunday. The counterfeiting operation, based on the separatist enclave of South Ossetia, has produced more than $20 million in fake bills that have been transported to the United States and Israel, according to investigators cited by the Post. The counterfeit notes have been passed at numerous businesses in Baltimore, Maryland; New York City; Buffalo, New York;...
  • Supernotes: A New Generation of Counterfeit Money

    11/03/2006 10:31:30 AM PST · by KeyLargo · 46 replies · 15,920+ views
    Las Vegas Now ^ | Nov 3, 2006 | George Knapp
    George Knapp, Investigative Reporter Supernotes: A New Generation of Counterfeit Money Nov 3, 2006 09:31 AM Las Vegas casinos have always been a target for counterfeiters who think they can slip a few homemade bills into the mix and no one will notice. Most of the bills are detected. But not anymore. A new generation of so-called "supernotes" has been slipping past the most advanced detection systems. That's because the alleged counterfeiter is a foreign government. It can be argued that any government that counterfeits the currency of another nation has committed an act of war. In the case of...
  • Colombia and North Korea cited in U.S. government counterfeiting report

    10/26/2006 4:42:57 PM PDT · by Jet Jaguar · 3 replies · 389+ views
    International Herald Tribune ^ | October 26, 2006 | ap
    WASHINGTON A new U.S. government report singles out Colombia and North Korea as counterfeiting threats but finds that overall counterfeiting remains low. Of the $760 billion (€600.6 billion) in U.S currency in use around the world in 2005, about $61 million (€48.2 million) in fake notes were in circulation, according to the joint report by the Treasury Department, the Federal Reserve Board and the Secret Service. That is about $1 (€0.79) for every $12,400 (€9,800) in use. Colombia was described as the chief supplier of counterfeit notes to the U.S. market, responsible last year for about 15 percent of all...
  • The Latest on the Funny Money Scandal

    08/22/2006 7:43:54 PM PDT · by Brian C. Ledbetter · 4 replies · 309+ views
    Snapped Shot ^ | 8/22/2006 | Snapped Shot
    Wow! It would seem that our original story is taking off in more directions than we'd ever imagined! For starting with a mere, "Hezbullah has been known for counterfeiting," and seeing the context of the discussion evolve into such a detailed analysis of the photographic evidence is awe-inspiring, to say the least. Once again, this proves to me that investigative journalism isn't dead:—it lives on in cyberspace, even if it's been dead in the mainstream media for a decade. With that in mind, I'd like to summarize, if I may, the discoveries of some of my fellow bloggers. We started...
  • Hezbollah's Counterfeit Generosity: Counterfeit Dollars in Lebanon?

    08/21/2006 1:42:06 PM PDT · by rface · 28 replies · 3,848+ views
    KXMA - ND ^ | Aug. 21, 2006 | KXMA
    This past week a considerable number of stories, complete with photos, have appeared in the MSM relating to Hezbollah indemnifying the Lebanese for the damage done to their property by the war with Israel started by Hezbollah. Wads of fresh $100 bills passed from Hezbollah to those poor Lebanese who suffered damage or injury during the war. But with the stories, and the pictures, questions have now arisen about the "charitable" motives, and methods, of the Hezbollah terrorists. One of the most prominent and influential members of the Hizballah terrorist organization, along with two of his companies, was designated by...
  • MSNBC unwittingly stumbles on Hezbollah counterfitting operation...and doesn't recognize it.

    07/26/2006 5:37:40 AM PDT · by MDspinboyredux · 120 replies · 4,412+ views
    MSNBC ^ | MSNBC
    July 24: As Israeli assaults continue, the humanitarian crisis in Lebanon worsens. NBC's Richard Engel reports from Beirut. Nightly News with Brian Williams Read the broadcast's blog, The Daily Nightly Latest news from MSNBC.com
  • China freezes North Korea account at People's Bank in Macao: report

    07/23/2006 9:57:53 PM PDT · by HAL9000 · 13 replies · 983+ views
    Kyodo News (Japan) ^ | July 24, 2006
    China has frozen North Korea's account at the Macao branch of the People's Bank of China, Yonhap News reported Monday. A former ranking U.S. official made the revelation to a lawmaker of South Korea's opposition Grand National Party, according to Yonhap.
  • No Ordinary Counterfeit [North Korean $100 Bills]

    07/23/2006 8:19:04 AM PDT · by aculeus · 95 replies · 3,697+ views
    The New York Times ^ | July 23, 2006 | By STEPHEN MIHM
    On Oct. 2, 2004, the container ship Ever Unique, sailing under a Panamanian flag from Yantai, China, berthed in the Port of Newark. [snip] ... F.B.I. and Secret Service agents, acting as part of a sting operation, gathered around the container and cracked it open ... they found counterfeit $100 bills worth more than $300,000, secreted in false-bottomed compartments. The counterfeits were nearly flawless. They featured the same high-tech color-shifting ink as genuine American bills and were printed on paper with the same precise composition of fibers. The engraved images were, if anything, finer than those produced by the United...
  • North Korea claims arrest of 'foreign agents' for collecting fake data for U.S.

    04/20/2006 1:17:50 AM PDT · by HAL9000 · 3 replies · 221+ views
    SEOUL, April 20 (Yonhap) -- North Korea on Thursday accused the United States of planting and fabricating evidence of its alleged counterfeiting activities, citing the testimony of people it claimed were "foreign agents" working for Washington's Central Intelligence Agency and other "plot-breeding organizations." In a statement carried by the country's Korean Central News Agency on Wednesday, an unidentified spokesman for the North's Security Ministry said the country has arrested a number of "foreign criminals" who were taking pictures of what it said was a nonexistent drug factory in a town near its northern border with China. The statement did...
  • Kim Jong-il's eldest son responsible for circulating fake dollars: S. Korean official

    02/18/2006 7:49:04 PM PST · by HAL9000 · 11 replies · 711+ views
    Yonhap News (South Korea) ^ | February 19, 2006 | Kim Hyung-jin
    SEOUL, Feb. 19 (Yonhap) -- The eldest son of North Korean leader Kim Jong-il is responsible for spreading fake U.S. dollars through Macau, prompting Washington to slap sanctions on the communist country, a South Korean official said Sunday. The U.S. crackdown has not only intensified friction between the two former battlefield foes but also diminished chances for Kim's oldest son, Jong-nam, to succeed his father in a power struggle with his two younger brothers, the intelligence official said, speaking on condition of anonymity. "We obtained intelligence that he got farther away from his father's mind due to the Macau...
  • Nine Arrested in Terror Money Schemes

    03/21/2003 1:29:09 PM PST · by JohnHuang2 · 5 replies · 344+ views
    AP | Friday, March 21, 2003 | By JOHN SOLOMON
    Nine Arrested in Terror Money Schemes By JOHN SOLOMON .c The Associated Press WASHINGTON (AP) - Federal agents arrested nine people at businesses from New York to California that they allege were smuggling money abroad or selling fake passports in schemes that could aid terrorists. Among the operations that authorities said they cracked was one in New York that allegedly moved $33 million, including some illegal drug proceeds, to Pakistan. Another was a network of tobacco stores in Minnesota that allegedly smuggled cash to Lebanon and Jordan. Authorities said while none of those who were arrested over the three-day operation...
  • North Korea , the 'Sopranos' state

    01/30/2006 11:06:26 PM PST · by Exton1 · 2 replies · 341+ views
    Asia Times ^ | Jan 18, 2006 | Todd Crowell
    Counterfeiting US banknotes and cigarette packages, money-laundering and drug-trafficking. Perfect $100.00 bills. North Korea , the 'Sopranos' state By Todd Crowell When US Ambassador to South Korea Alexander Vershbow recently called North Korea a "criminal regime", he was not speaking metaphorically. He was not talking about the North's abysmal human-rights record, illegal missile sales or efforts to acquire nuclear weapons. No, he was talking about crime - as in counterfeiting US banknotes and cigarette packages, money-laundering and drug-trafficking. These issues have suddenly risen to the forefront of Washington's agenda and become a major stumbling block in the renewal of the...
  • Cigarette firms find major counterfeiting operation in North Korea: WSJ

    01/30/2006 2:17:53 AM PST · by HAL9000 · 20 replies · 755+ views
    Yonhap News (South Korea) ^ | January 27, 2005
    WASHINGTON, Jan. 27 (Yonhap) -- North Korea has established itself as the leading counterfeiter of brand-name cigarettes, circulating more than two billion packs a year worldwide from Taiwan to Belize, the Wall Street Journal reported Friday. Cigarette maker Philip Morris was tracking down the source of fake Marlboros, and a year later in 2005, the company connected them to North Korea, the paper said. Cigarette companies have hired former intelligence officials to crack down on the operation and even sent agents into North Korea, and what they discovered was an ongoing lucrative business in the hermit state, sanctioned by...
  • 10-Year-Old Allegedly Counterfeited $20 Bills

    12/15/2005 10:22:40 AM PST · by kingattax · 79 replies · 2,677+ views
    CBS Worldwide Inc. ^ | Dec 14, 2005
    School Cashier Turned Money In --- (CBS) GARY, Ind. A cafeteria worker at an elementary school in northwest Indiana thought it was odd that a 4th grader was paying for lunch with a $20. According to our news partner, the Post-Tribune, the fourth grader from Gary tried to pay for his food at the school cafeteria with a $20 bill. The money looked real enough, but since kids don’t normally flash such a large wad around school, the cashier turned it in. Turns out, that's not the only thing that was odd .The cash was counterfeit. The 10-year-old boy admitted...
  • The IRA Bagman and Kim Jong Il's hot dollars (USA seeks extradition of alleged counterfeit schemer)

    12/08/2005 2:22:24 PM PST · by Stoat · 9 replies · 1,088+ views
    The Belfast Telegraph ^ | December 8, 2005 | David McKittrick
    The IRA Bagman and Kim Jong Il's hot dollars Sean Garland is legendary in Ireland for his violent republican past. But was he also a frontman for a counterfeiting scheme run by the communist regime of North Korea? America wants to extradite the Workers Party chief claiming he smuggled millions of dollars in fake $100 bills  David McKittrick reports 08 December 2005 It is a tale of codenames and counterfeiting, of the United States secret service, Russia and North Korea, of international political and criminal conspiracy and intrigue, of millions of dollars in illicit currency. Kim Jong Il, the...
  • Vershbow links North Korea's dollar counterfeiting with Hitler's British currency fall

    12/06/2005 11:32:35 PM PST · by HAL9000 · 4 replies · 799+ views
    Yonhap News (South Korea) ^ | December 7, 2005 | Lee Chi-dong
    In one of the strongest criticisms of North Korea yet by a U.S. official, Washington's top envoy to Seoul on Wednesday labeled the communist nation a criminal regime. Alexander Vershbow even likened North Korea's counterfeiting of U.S. bills with that of actions by the late German dictator Adolf Hitler. North Korea gave no immediate response to the verbal attack. "According to an observer, North Korea is the first regime that has done that since Adolf Hitler," the U.S. ambassador said in a breakfast meeting with senior journalists in Seoul. During World War II, Nazi Germany mass-produced counterfeit British pounds...
  • Cracking Xerox's Hidden Code

    10/27/2005 6:23:21 PM PDT · by rdb3 · 15 replies · 826+ views
    AP via DeveloperPipeline.com ^ | 27 OCTOBER 2005 | Anick Jesdanun
    October 27, 2005Cracking Xerox's Hidden Code By Anick Jesdanun, The Associated Press NEW YORK (AP)--Just because a document from a color laser printer doesn't carry your name doesn't mean no one can trace it back to you, privacy advocates warn. The Electronic Frontier Foundation says it has cracked the tracking codes embedded in Xerox Corp.'s DocuColor color laser printers. Such codes are just one way that manufacturers employ technology to help governments fight currency counterfeiting. "Underground democracy movements ... will always need the anonymity of simple paper documents, but this technology makes it easier for governments to find dissenters," said...
  • Review: Secret codes in printers may allow government tracking

    10/25/2005 5:43:20 PM PDT · by Momaw Nadon · 34 replies · 1,074+ views
    AFP via PHYSORG.COM ^ | Tuesday, October 25, 2005 | AFP
    Tiny dots produced by some laser printers are a secret code that can allow the government to track down counterfeiters, a new study concludes, raising the hackles of privacy advocates. The Electronic Frontier Foundation said its researchers recently broke the code behind the tiny tracking dots and said the US Secret Service confirmed that the tracking is part of a deal struck with selected color laser printer manufacturers to identify counterfeiters. "We've found that the dots from at least one line of printers encode the date and time your document was printed, as well as the serial number of...
  • The $10 Billion REFCO Smoking Gun

    10/23/2005 10:31:49 PM PDT · by abletruth · 30 replies · 1,021+ views
    http://www.ncans.com ^ | 10/23/05 | Bob O'Brien
    Sunday, October 23, 2005 The $10 Billion REFCO Smoking Gun The listing for the assets and liabilities of REFCO was just made available, and guess what just happens to be hiding in the liabilities column? A $10 billion liability, at TODAY's mark to market valuation, called "Securities sold, not yet purchased." $10,590,379,000 - to be precise. Securities that have been sold. But they haven't been bought. Welcome to the wonderful world of naked short selling. Now, one might say, "hey, wait a minute, but Thompson of the DTCC said it's only a $6 billion per day problem." Only.
  • Secret Code in Color Printers Lets Government Track You

    10/18/2005 6:54:07 AM PDT · by antiRepublicrat · 132 replies · 3,428+ views
    EFF ^ | 17 Oct 05 | Seth Schoen
    Tiny Dots Show Where and When You Made Your Print San Francisco - A research team led by the Electronic Frontier Foundation (EFF) recently broke the code behind tiny tracking dots that some color laser printers secretly hide in every document. The U.S. Secret Service admitted that the tracking information is part of a deal struck with selected color laser printer manufacturers, ostensibly to identify counterfeiters. However, the nature of the private information encoded in each document was not previously known. "We've found that the dots from at least one line of printers encode the date and time your document...
  • U.S. accuses North Korea of $100 bill counterfeiting

    10/11/2005 10:19:36 PM PDT · by Hadean · 24 replies · 866+ views
    THE WASHINGTON TIMES ^ | Oct 12, 2005 | Bill Gertz
    The Bush administration formally has accused North Korea of manufacturing high-quality counterfeit $100 "supernotes" for the first time, according to an indictment made public yesterday as part of a 16-year probe. "Quantities of the supernote were manufactured in, and under auspices of the government of, the Democratic People's Republic of Korea (North Korea)," said the indictment of Irish national Sean Garland and six others. "Individuals, including North Korean nationals acting as ostensible government officials, engaged in the worldwide transportation, delivery, and sale of quantities of supernotes." It was the first time the federal government provided details of North Korea's suspected...