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Home News Employees of Japan Finance Ministry arrested in Italy trying to smuggle $134 Billion in U.S. Treasuries in suitcases

Employees of Japan Finance Ministry arrested in Italy trying to smuggle $134 Billion in U.S. Treasuries in suitcases

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URGENT UPDATE - JUNE 20: 

WE HAVE OBTAINED PHOTOS AND VIDEO OF THE BONDS!!!!! 

(Turner Radio Network) -- Two Japanese men arrested by Italian Police while trying to smuggle $134 Billion in U.S. Treasury Bonds concealed in suitcases, out of Italy into Switzerland, are employees of the Finance Ministry of Japan.

Turner Radio Network has now confirmed the two men arrested by Italy were trying to secretly dump Bonds that were previously held by the nation of Japan.  The men arrested have told Italian police they were ordered to move the Bonds by the government of Japan because the Japanese government has lost faith in the ability of the U.S. government to repay its debts.

(Click to go directly to most recent update below)  

Despite assurances from Japanese Finance Minister Kaoru Yosano about Japan's "absolutely unshakable” confidence in the credibility of the U.S. dollar, it  is now confirmed based upon the serial numbers of the Bonds, that the $134 Billion is part of the $686 billion of U.S. debt officially held by Japan. 

According to Italian Law Enforcement, authorities originally thought the men were part of the "Yakuza", a Japanese organized crime syndicate similar to the Italian Mafia, which lead officials to believe the Bonds were forgeries  But after the men who were arrested were forced to remain in jail for more than a few days, they discarded their cover story and admitted to being employees of the Finance Ministry of Japan.

Strangely, very few major media outlets have covered this story.  Of the few media outlets that have covered it, one - Bloomberg Business News - reported the bonds  were "fakes."  But according to Italian authorities, that is a cover story developed by the U.S. government to avoid panic selling of U.S. Treasuries by other nations.

Law enforcement sources in Rome claim the Italian government is ecstatic over the seizure because under Italian law, they get to keep forty percent (40%) of the smuggled bonds.  The governments of both the US and Japan are trying to negotiate with Italy for return of the Bonds but because of the astonishing amount of money involved, Italy is refusing any negotiation at all.

TRN has been told to expect to receive serial numbers from the bonds as proof they are real. In addition, our source claims he can obtain scanned images of some of those bonds as well.  If we are given such information or images, we will report them publicly.

COMMENTARY:

The implications of this situation are monstrous:  An ally of the United States has been caught trying to secretly unload U.S. government debt.  This is unmistakable proof that the United States government is headed into economic collapse because nations around the world have now officially lost faith in its ability to repay.

The fact that $134 Billion in Bonds was intercepted by Italian Police was confirmed two days ago by Bloomberg Business news (here).  Today's revelation by TRN that the men arrested were employees of the Japan Finance Ministry is a huge development which will cause sudden and dramatic reaction worldwide. 

 UPDATE June 19, 2009  2115 HRS ET -- The Japanese men taken into custody by Italy have been released and they were allowed to take their "fake" Bonds with them!  Authorities now say they do not know where the men went. Those same authorities have told the "Financial Times" of London that the Bonds were "most likely fakes."  (Financial Times Story Here

 Updated Commentary:  This is the single biggest farce we've heard about in a long time.  Does anyone actually believe that anyone would be transiting a national border with $134 Billion in "fake" Bonds concealed in a suitcase with a fake bottom? 

Does anyone actually believe Italian Authorities would ignore their own laws and release persons who violated Italian financial disclosure laws?

Does anyone really believe that a bank or other entity would simply accept a US Treasury "Intergovernmental" Bond with a face value of either $500 Million or $1 Billion without ever calling the US Treasury to determine if the bonds were valid?

The absurd explanation provided by the U.S. Government that the bonds were "fakes" would be laughable if it wasn't so pathetic.

Clearly the government of Japan got caught red handed trying to dump U.S. Treasury Bonds because they no longer trust that the USA can pay its debts.  When the issue blew up in their faces, everyone from Japan to Italy to the USA had to get together and lie about what was happening with the hope that other nations wouldn't start dumping U.S. Treasuries too.

That is precisely what happened.  Anyone who says otherwise is either lying or stupid. . . . . or thinks we're stupid enough to believe them!

We have now entered the official "end game" for the United States Government.  They are broke.  Bankrupt.  They have no hope of ever repaying their debts.  Countries around the world know this and are starting to dump U.S. debt and U.S. currency because it will all become worthless very soon.

There's no stopping it.  There's no avoiding it.  There's no way to patch things up to make this go away.

The United States of America has been bankrupted by its own government.  That government bears sole responsibility for the economic collapse that is coming.  When the collapse happens, the American people - the most heavily armed population on Earth - will probably take up arms and overthrow the government by force.  In our view, forcible overthrow is a fate the U.S. Government richly deserves.

It would be very wise for those of you who still can, to consult with qualified financial people about how to get your assets out of the USA and your money OUT of U.S. dollars before you are all wiped out too.  Time is running out.  Japan is already trying to dump their U.S. holdings.  You should too before everyone does at the same time.

 

 

 

UPDATE - JUNE 20  1435 HRS ET -- The Turner Radio Network has obtained photos and video from the Guardia di Finanza (Italian Financial Police)  showing the actual $134 Billion in U.S. Bonds, with coupons attached, which were caught being smuggled from Italy into Switzerland. 

 The bonds were intercepted in  Chiasso, Italy at the border of Switzerland.

The Bonds were owned by the country of Japan since the early 1980's when printed bonds were still issued by the U.S. Treasury.  Today, all such Bonds are done electronically.  

The paper bonds below were being smuggled into Switzerland by employees of the Japan Finance Ministry so they could be sold, at discount, under the anonymity of Swiss financial laws. If no one knew Japan was dumping US Treasury bonds, it would not cause a panic worldwide as other nations dumped their US Treasuries too.  Japan was rudely surprised when the two employees of the Japan Finance Ministry were grabbed at the Italian border.

Japan sent the $134 Billion in bonds to Switzerland because Japan has lost faith in the ability of the U.S. government to repay its debts and Japan wanted to sell the bonds at a discount off face value with the hope of recouping at least some of the money before the U.S.collapses economically.

Those of you around the world who are holding U.S. Treasury notes would do well to consult with a qualified financial planner to see how quickly you can dump any U.S. Treasury Bonds and any U.S. Dollars you may be holding before the U.S. suffers the economic collapse which is now unavoidable.

If you are left holding Bonds or Dollars, you will likely be financially wiped out when the US Government repudiates its debt because it simply cannot pay anymore.

In the photo below, the piles of Bonds which appear to have a cash-like top have a face value of five hundred million dollars each ($500,000,000) and the smaller Bonds at the bottom right of the table are "Kennedy Bonds" with a face value of one billion dollars each ($1,000,000,000)

The total face value of the bonds shown on the table below is one hundred thirty four billion dollars!

U.S. Treasury Bonds grabbed by Italian Police at Swiss Border

Direct video link Click Here

Close-up:

 


 

 

 

 

Comments
Add New Search
Anonymous   |Posted from IP:72.14.70.51 |2009-06-19 13:33:05
The world has given up on the baboon from Kenya. All whites owe it to ou
r country to stay ou t of his armed forces
Humpty Dumpty   |Posted from IP:72.14.70.51 |2009-06-19 13:37:31

Obama Bucks are cheap toliet wipe!
paul falvella   |Posted from IP:141.149.57.100 |2009-06-22 06:24:04
you are a creepy little racist, its funny you are so angry about losing the elec
tion. We are laughin g at you.
AbuBakerSmith  - lol   |Posted from IP:67.238.191.194 |2009-06-22 16:35:04
laughing all the way to the Bank.
paul falvella  - filthy bigot   |Posted from IP:141.149.57.100 |2009-06-22 06:26:49
you are a dirty little racist, and it's funny how angry you are at losing the el
ection.

You give the rest of us something to laugh at behind your back
Barack Obama   |Posted from IP:87.210.102.202 |2009-06-19 15:35:48
Why worry? In about 300 years or something those dollars will regain their value
being a historical collector's item.
Jim   |Posted from IP:173.24.97.70 |2009-06-19 17:07:00
I think it'll take longer than that. People will still be using them to light f
ires in 300 years.
Barack Obama   |Posted from IP:87.210.102.202 |2009-06-19 21:53:30
Okay, maybe a little bit longer then...
bangsat   |Posted from IP:124.168.231.110 |2009-06-20 04:27:27
better still glue them together and wipe our arses!!!!
Paolo from Italy  - real or fake   |Posted from IP:88.149.141.132 |2009-06-19 16:57:27
I come here from google news. Beside the news they were working for the Finance
Ministry of Finance there's the Treasury department saying they're bogus. So, w
hat and whom to believe ?

Jim   |Posted from IP:173.24.97.70 |2009-06-19 17:10:29
If I were to take a wild guess I would say, the Treasury Department is trying to
minimalize the situ ation as much as possible. The coming weeks and the domino
affect that will follow will tell the re al story.
Paolo from Italy   |Posted from IP:88.149.141.132 |2009-06-19 17:52:15
Hope bonds are genuine so that we italians get the 40 % fine out of them and you
gold bugs here make a lot of money
Anonymous   |Posted from IP:58.138.42.31 |2009-06-19 18:33:54
We are ruled by our human monster. The real boss are Jewish people inside FRB,
not the United State s, the President
Anonymous   |Posted from IP:66.32.70.209 |2009-06-22 10:26:04
yea its always the jews thier always to blame for everything you racist biggot
AbuBakerSmith  - Jooos   |Posted from IP:67.238.191.194 |2009-06-22 16:39:29
Jews are so Powerful. It's amazing how they control every minute detail of World
Affairs yet can bar ely control their little New Jersey sized piece of real est
ate in the Middle East. Another option is that you are an idiot.
2 Channeler from Japan  - Rockefeller and Rothchild   |Posted from IP:58.138.42.31 |2009-06-19 19:34:30
つかなんでここへ書きこみ?www

YES!
Rockefeller and Rothchild rules the world !
W
e Japanese knows it well !
We don't want to be involved in their money game or
a plot.


ぎゃはwwww
Mr. Wizard  - Take notes all soon to be NAU slaves   |Posted from IP:217.74.251.13 |2009-06-20 00:23:10
Here we have a fine example of how the rest of the world is taking efforts to in
form you, as this pe rson is, that it's not so much about the political/ corpora
te agents, but the extortioners (the mann er that they got the money in the firs
t place) as R&R is. These globalist clowns are but one of the major known facto
rs of the root of evil in the world. Cut the root of this weed (or ugly worm) an
d y our tomorrow has a slight chance of being normalized.
Of course the rest of
the RAG's (Rockefeller/ Red Shield Agents in Government) must be culled as well
. Simple fact of Life. They have extraordinar y plans to cull you unless you get
them sooner. It is their single most fear that you actually wake up enough to
do something about these roots of raw evil.
Anonymous   |Posted from IP:129.241.135.29 |2009-06-19 20:06:30
What does this mean if it is indeed true? They where supposed to "dump"
bonds in Switzerland ? How is that going to happen? Who are going to buy and why
? This article raises many more questions than it answers (if any at all).
Paolo from Italy   |Posted from IP:88.149.141.132 |2009-06-19 20:56:01
Guys, do you understand the lie they're spreading ?

They're saying those bonds
are fake and they we re used by Sicilian Mafia to cheat banks, depositing bogus
bonds and obtain financing.

Those bonds were kennedy bonds of 1 BILLION USD an
d 249 bonds of 500 million EACH ONE.

Id est you go to a bank and you give them
a single 500 million dollars bond and the bank doesn't ask the US Treasury whet
her the bond is real or fake ???????????

NOT IN YOUR LIFE !!! That's an enormo
us lie. Absolute bullshi t !!!!!!
carl  - yet $500 billion to bomb the moon!   |Posted from IP:216.165.244.194 |2009-06-19 23:08:18
NASA is spending $500 billion to bomb the moon!
that is true!
this month NASA
will lauch a $500 bi llion project to blast a crater in the moon.
I BELIEVE THA
T THIS IS A DIVERSION TO PLANT EVIDENCE O F U.S. LANDING MEN ON THE MOON!
the J
apanese satellite that mapped the moon found no trace of men e ver being on the
moon.
just as technology advancements forced NASA to stop faking moon landings,
at least 10 nations are preparing moon satellite missions looking for the NASA
landing sites!
we dema nd to see just cargo this new moon mission is carrying!
Anonymous  - From 2009-06-19 20:06:30   |Posted from IP:129.241.135.29 |2009-06-20 00:30:45
There exist a large number of gullible people both in here, and out there. The s
mell of money and co nspiracy theories seems to pass any judgement. Maybe the ca
se is clearer than you want it to be? The least thing you could do is to be sce
ptical:

http://www.dallasnews.com/sharedcontent/dws/news/loca lnews/stories/022
608dnmetcounterfeit.38c632b.html
Anonymous  - Why so indifferent   |Posted from IP:98.193.249.29 |2009-06-20 03:38:29
Doesn't it seem strange, that we crack down hard, conduct raids, and arrest peop
le for counterfeitin g a very small amount in currency. Yet we don't seem to car
e about 134 billion supposedly in fake bo nds?

Also consider, we create an inte
rnational outcry about pirated music and DVD's. But 134 billio n in bonds, hey n
o big deal.
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