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To: Lucretius who wrote (261069)9/19/2003 12:14:17 PM
From: Real Man  Read Replies (1) | Respond to of 436258
 
Subject 15208

I think these guys are lonely without you - almost no posts lately. Come back and tell 'em it's time to short the dirt -vbg-



To: Lucretius who wrote (261069)9/19/2003 12:29:11 PM
From: Trumptown  Read Replies (1) | Respond to of 436258
 
You seen chtr lately! jeez, a 5-bagger from the .90s! -maybe time to short it...

Time to sell these calls yet? or, we going higher?



To: Lucretius who wrote (261069)9/19/2003 1:53:03 PM
From: Pogeu Mahone  Respond to of 436258
 
September 18, 2003

Mancunian convicted of $2.5 trillion bond fraud
BY AGENCIES

A forensic scientist from Manchester has been
convicted of one of the biggest attempted frauds in
history.

Graham Halksworth, 69, attempted to swindle the US
Government out of $2.5 trillion (£1.5 trillion) in
fake bonds - a sum greater than the worth of all the
gold in the world ever mined.

Michael Segan, the solicitor who first discovered the
fraud, said that the total nominal worth of the bonds
"would have bought the planet twice over".

Halksworth and his accomplice Michael Slamaj, 56, a
former Yugoslav secret agent, now face a "substantial
custodial sentence", a judge at Snaresbook Criminal
Court has said.

The court was told that Halksworth used his expertise
to authenticate fake US Federal Reserve bonds.

Bonds are issued by Governments as a means of
borrowing money from institutions and the general
public. They are usually accompanied by an
authentication certificate which can then be used for
collateral or to claim credit from banks around the
world.

Police raided a vault that he kept in an HSBC bank
branch in London and discovered that he was keeping
$2.5 trillion in bonds.

He and Slamaj were finally caught when trying to
redeem $25 million worth of bonds at a Toronto bank
two years ago.

The suspicions of a detective were aroused when he
noticed that the word dollar rather than dollars was
printed on the bonds.

It later emerged that the bonds had post codes which
were not available on the dates when they were
purportedly issued in the 1930s and that they had been
printed on ink jet printers which were not used
extensively until the 1980s.

Slamaj maintained that the bonds were authentic and
had been issued to Chiang Kai Shek, the Chinese
nationalist leader in the 1940s.

The plane carrying the bonds crashed in 1948 until
they were rediscovered by him in the 1990s, Slamaj
claimed.

Slamaj was caught trying to flee Britain in 2002 after
police received a tip-off from Micheal Segan, a
solicitor, who had been offered the bonds at a reduced
price.

Mr Segan said: "As soon as they mentioned the figures
involved I realised that this would have brought the
planet twice over and I didn't believe they were
genuine. I knew they were conmen."

Both men were found guilty of conspiracy to defraud.
Slamaj was also convicted of possessing fake bonds,
but Halksworth was cleared of a charge of knowingly
inducing somebody to accept the bonds between January
2000 and August 2002.

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"For every complex problem, there is a simple, easy to understand, incorrect answer." (Physiologist Albert Szent-Gyorgyi)