Italy confiscates euro 20 billion in fake US bonds

Unhypnotized

Truth feeder
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.

http://finance.yahoo.com/news/Italy-...43563.html?x=0

Sounds similar to the 2 guys caught in 2009. Wonder if its connected.
http://www.timesonline.co.uk/tol/new...cle6507161.ece
 
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