$134 billion in bearer bonds seized in Italy
This is a very odd case, it’s one of those James Bond sort of things that one only assumes happens in the imaginations of writers or professional conspiracy theorists. Two Japanese men are stopped in Italy attempting to cross the border into Switzerland, their cases are searched and inside are found $134 billion in bearer bonds. that is one hundred and thirty four billion American dollars worth of bearer bonds, a lot of money in my opinion!
So what was going on?
Well, it seems that the United States Treasury has stated the bonds are fakes, but if that is, how could anyone pass off individual bonds worth $500 million, surely a number that big would require authentication? So if they are fakes, it seems like a stupid counterfeiting business to be in, as no one in their right mind would just take your word that the bonds were real. If it was a counterfeiting enterprise, well, why did they not arrest and detain these people until they could find out what sort of racket they were involved in? Why release them without seizing their passports? And where are they now?
One theory which seems to make sense, if that the Japanese are having terror sweats about the possible upcoming American bankrupcy, and are attempting to get rid of as many American Dollar holdings as possible before they are worth nothing, but why not just use a diplomatic pouch and claim they were going to Geneva for some UN business?
They could have been stolen by the two Japanese men, but again, if that is so, why let them go?
It all seems mighty fishy, bizarre is the right word.