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Offline Rational Observer
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« Reply #20 on: March 15, 2011, 07:47:31 pm »
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Quote:Posted by bluemoonrichard
Since you insist, I have attached the real deal.  Did you ever consider the fact that you could be misinformed.


Good grief

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« Reply #21 on: March 15, 2011, 07:49:10 pm »
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OK heres the deal Blue unless you can show documents from the U S government proving that there are real boxes out there I am going to suspect you are up to something that this forum would rather not be part of. If you can not do that then I must ask you to please move on to other threads and talk about other aspects of treasure hunting.

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« Reply #22 on: March 15, 2011, 08:13:15 pm »
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Ok, no problem.  Just trying to make a point.  You and I know that anything from the Fed is confidential, so I could never satisfy your requirement.  That picture is of a real box that has already been redeemed, just in case you were interested.

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« Reply #23 on: March 15, 2011, 08:36:02 pm »
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What are they and what was those things inside

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« Reply #24 on: March 15, 2011, 08:54:36 pm »
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That picture is of a real box that has already been redeemed, just in case you were interested.


Sorry but I/we have no interest in pictures only in documented proof. Until you can supply it please move on to other topics.

Posted on: March 15, 2011, 08:38:15 PM
John

The only "Federal Reserve Boxes" I have ever heard of are in conjunction with a scam involving phony high denomination US treasury bonds, usually in the Philippines, but over the last year it has spread into the US usually starting with some one offering to buy bonds or the whole box its a scam. If the boxes were real all you would need to do is take them to the bank why sale for 25 cents on the dollar.

The U.S. Treasury has received hundreds of contacts about these bogus securities, commonly known as "Morgenthaus" as Robert Morgenthaus was Secretary of the Treasury in 1934. These "federal notes" are not currency, neither are they bearer bonds. They are in fact 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 in the WW II era to help with the war effort. Some "investors" have brought them to us in so-called "Federal Reserve" metal boxes, along with other related certificates, such as Global Immunity, FDIC Insurance, Gold Bullion, shipping manifests and "gold" coins. These crude forgeries were likely made by inserting images of $100 dollar bills (Ben Franklin), $1,000 dollar bills (Grover Cleveland) and even $1 dollar bills (George Washington) into a computer program, then altering the amounts to read $100 million and $500 million, then adding coupons both in English and Chinese script. Most were then printed on modern color printers or copiers. These modern color printers or copiers did not exist in 1934 when these bogus notes are alleged to have been issued. The Treasury Department did not issue securities (bonds) in $100 million or $500 million denominations during the time period alleged in this fraud.

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« Last Edit: March 15, 2011, 09:17:18 pm by auminesweeper »
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« Reply #25 on: March 15, 2011, 09:16:02 pm »
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Wow thanks i did'nt know such things were used, and i find it amazing that people will copy anything Rolex's etc but those
only fit in a very narrow market,  So i would why they go to such lenths.

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« Reply #26 on: March 15, 2011, 09:44:29 pm »
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The scam started with Philippine folks scamming other Philippine folks but soon it spread to the net and the treasure hunting forums. Been going on for several years but the US twist started last year with a guy claiming to be the only representative from the government authorized to buy them he was showed to be a scammer and left. Since then one shows up every few months wanting to buy them, all that happens is over the next few weeks we will flooded with conman from XXXXXXXXX.
Why would a honest dealer in bonds gold silver anything look to a hobbies forum for customers, he wouldn't he is looking for a mark.

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« Reply #27 on: March 15, 2011, 09:50:38 pm »
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Yeah i agree those people who have the good stuff operate in a closed shop and only a select few ever see the real thing
coz we only hear of it when it's been sold six months later after the event so they can keep them in their private collections

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« Reply #28 on: March 16, 2011, 03:30:44 am »
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Quote:Posted by auminesweeper
Wow thanks i did'nt know such things were used, and i find it amazing that people will copy anything Rolex's etc but those
only fit in a very narrow market,  So i would why they go to such lenths.


Such things weren't used, so there is nothing to copy. That is why they are called fraudulent instruments, as they were only fabricated to perpetuate a fraud/scam/con


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« Reply #29 on: March 16, 2011, 07:40:19 am »
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Quote:Posted by auminesweeper
Yeah i agree those people who have the good stuff operate in a closed shop and only a select few ever see the real thing
coz we only hear of it when it's been sold six months later after the event so they can keep them in their private collections


That is very VERY true, and for many of those "closed shop" deals, outsiders would never have any inkling of such deals. Sales of items such as illegally exported antiquities would never be announced!

In any case I do wish the best of luck to the buyers of those "frb"s. Buy them all, every last one and we won't have to hear of such items again! Grin

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