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Philippine Police Seize Fake U.S. Bonds
Posted By: hobie
Date: Tuesday, 20-Feb-2001 13:35:40
www.rumormill.news/7015
(I'm guessing there's _much_ more to this story than meets the eye.)
-----
Tuesday February 20 4:42 AM ET
Philippine Police Seize Fake U.S. Bonds
MANILA (Reuters) - Philippine police working with U.S. officials have seized over $2 trillion worth of fake Federal Reserve bonds certificates and arrested a suspected Filipino trafficker, a senior police officer said on Tuesday.
The confiscation was made over the weekend in Cagayan de Oro city in the southern Philippine island of Mindanao, General Leandro Mendoza, acting chief of Philippine National Police, said in a press statement.
Nestorio Gualberto, chief of the national police criminal investigation group, said the fake items were believed to have been circulated only in Mindanao, but authorities were investigating whether any had been smuggled abroad.
The police said they were seeking six other suspects in connection with the operation.
Mendoza said that the haul also included fake Argentine pesos, fake German bonds certificates and fake Japanese yen.
The police criminal investigation group carried out the operation with the Philippine central bank and the U.S. Secret Service agents, the statement said.
The Filipino arrested in the raid was suspected of trafficking in the counterfeit currency and financial instruments, it added.
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RMN is an RA production.
Articles In This Thread
- Philippine Police Seize Fake U.S. Bonds
hobie -- Tuesday, 20-Feb-2001 13:35:40
- RCMP Seize $25 Billion in Fake US Bearer Bonds
hobie -- Tuesday, 27-Feb-2001 10:26:03
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