On the other side of the pond, a record $6 trillion of fake US Treasury bonds were seized by Italian anti-mafia prosecutors. The bonds were uncovered in hidden compartments in three safety deposit boxes in Zurich. Bloomberg reports that Italian authorities arrested eight people in connection with the probe, dubbed Operation Vulcanica.
The Italian authorities also uncovered fraudulent checks issued through HSBC Holdings in London, and another $2 billion of fake bonds in Rome. Those involved in the financial fraud case were apparently planning to buy plutonium from Nigeria, according to police monitored phone conversations.
Good work guys. I hope they round up all involved, especially those with the plutonium. You know that stuff isn’t going to be used to power wind up toys.