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Politics : Ask Michael Burke

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To: Knighty Tin who wrote (84965)	11/8/2000 8:32:27 AM
From: Don Lloyd	Read Replies (1) of 132070

MB - Message 14753111 "Philippine Police Seize $84 Bln In Fake US Reserve Notes Wednesday, November 8 3:03 PM SGT MANILA (AP)--Philippine police seized $84 billion in counterfeit U.S. Federal Reserve notes following the arrest of six people accused of selling bogus bills and gold bars, officials said Wednesday. The group was uncovered after a businesswoman complained to the Department of Interior that she paid $53,000 to them for two gold bars which turned out to be fake, police said. ..." "...Police said they seized 287 counterfeit U.S. Federal Reserve notes, with a face value of $84 billion, and two fake gold bars from the group. Baltazar said the notes "looked real" but were determined to be fake by a U.S. Secret Service agent from the U.S. Embassy. The fake gold bars were actually gold-plated lead that had a small hole filled with about 5 grams of genuine gold from which group members drew samples for prospective buyers, Baltazar said...." The complaint was that the lead wasn't pure, but was contaminated with worthless gold. It's hard to identify fake $100M Federal Reserve notes when you receive them in change from the lunch wagon if you're not used to carrying around such small denominations. Regards, Don

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