Monday, February 27, 2012

US Federal Reserve Bond Scam

I wrote the original article about US Federal Reserve Bond Scam in Feb 27, 2012.

US Federal Reserve Bonds Scam has been around since year 2001. They're also called as US Bonds, Global Immunity Bonds, FDIC Insurance Bonds, World War II Bonds, Federal Debt Bonds, Economy Crisis dollar bonds and Gold Bullion Bonds.

The fake bonds were likely made by inserting images of $100, $1,000, and even $1 bills into a computer program, then altering the amounts to read $100 million or $500 million, and adding coupons in both English or Chinese script. Most were printed on modern color printers or copiers, which did not exist in 1934 - when these bogus notes are alleged to have been issued.

Most of the fake Bonds are printed using lithographed instead of engraved printing, as are the real federal debt issues.

Federal Reserve box

US Federal Reserve

According to US Treasury, these bogus securities are commonly known as "Morganthaus." Henry Morganthau, Jr. was Secretary of the Treasury in 1934. These "federal notes" are not currency, nor are they bearer bonds. They are crude forgeries that appear to have originated out of the Philippines. The story being told is that the United States shipped them to Philippine freedom fighters during World War II to help with the war effort. Some "investors" have brought them to us in so-called "Federal Reserve" metal boxes.

The U. S. Treasury did not issue securities (bonds) in $100 million or $500 million denominations during the period alleged in this fraud. The largest Federal Reserve note ever printed was $100,000 and was only used inside the banking system.

"World War II Reconciliation Bond" came with the year/series 1934. Most of the times, these fraudsters will tell you that they found these Federal Reserve bonds in a plane/battleship crash during Japanese Occupation in Malaya in 1941-1945. They will tell you that they had contact Federal Reserve Bank of United States of America and Federal Reserve Bank has confirm that the bond is genuine. They may have provide some website link/letter that will show you about the confirmation. You will be their assistant in Malaysia and you need to give some amount of money to someone in order to obtain some document that related to the bond release. Some of the fraudster even act as a Bank Negara Malaysia (BNM) officers to obtain trust from you. Some of the bonds have a face value of USD$10,000 to USD$1 billion dollars. Some of them come in metal boxes and some come in a coloured paper. The bond may look old because the fraudster getting them wet and mouldy. The amount of bonds can go to one to two billions of dollars per box. they will tell you that not everyone know about this bond and US government will deny their authenticity because of secrecy. Only the fraudster can help you cash in the bond.

According to Federal Reserve Bank New York, The Federal Reserve has never issued any bonds or notes with coupons attached. The Federal Reserve Bank of New York is not aware of any currency or debt stockpile of large denomination Federal Reserve notes from the 1930s and warns that any institution that pays out on such a claim does so at its own risk.

You also might want to read the long story written by A. Craig Copetas in 2012, No One Knows Truth About $300 Billion Bonds From Alleged Crash.

It should also be noted that the largest denomination of currency ever printed by the Bureau of Engraving and Printing was the $100,000 Series 1934 Gold Certificate featuring the portrait of President Wilson. These notes were printed from December 18, 1934, through January 9, 1935, and were issued by the Treasurer of the United States to Federal Reserve Banks only against an equal amount of gold bullion held by the Treasury Department. The notes were used only for official transactions between Federal Reserve Banks and were not circulated among the general public. For your information, they're also 1934 $100,000 dollars gold certificate scam going around for years.

Federal Reserve Bank District Numbers:
They're 12 US Federal Reserve Bank and each of the bank have a different district letter and district numbers printed on the notes/bond.
Boston: A; 1
Richmond: E; 5
Minneapolis: I; 9
New York City: B; 2
Atlanta: F; 6
Kansas City: J; 10
Philadelphia: C; 3
Chicago: G; 7
Dallas: K; 11
Cleveland: D; 4
St. Louis: H; 8
San Francisco: L; 12

Here are some recent US bond forgeries pictures:
One billion

Green Card

US Bonds
Pictures by Reuters: forgery USA Bond

Please use your common sense, a bond with a high amount like that in 1934 will help you buy a country. Who in their right mind want to share a chance to be a millionaire? Please look at the fact and put aside what you believe before you decide to accept or not what I share in here.