Download
HTML Embed
HTML EMBED
Click to Copy
Marketplace Morning Report

An artist in residence (she can afford)

Jun 24, 2019

Latest Episodes

Download
HTML Embed
HTML EMBED
Click to Copy
Marketplace Morning Report
Download
HTML Embed
HTML EMBED
Click to Copy
Marketplace Morning Report
Download
HTML Embed
HTML EMBED
Click to Copy
Marketplace Tech
Download
HTML Embed
HTML EMBED
Click to Copy
Make Me Smart with Kai and Molly
Download
HTML Embed
HTML EMBED
Click to Copy
Download
HTML Embed
HTML EMBED
Click to Copy
Marketplace Morning Report
Download
HTML Embed
HTML EMBED
Click to Copy
Marketplace Morning Report
Download
HTML Embed
HTML EMBED
Click to Copy
Marketplace Morning Report
Download
HTML Embed
HTML EMBED
Click to Copy
Download
HTML Embed
HTML EMBED
Click to Copy
Marketplace
Daily Pulse

Italian police seize $6 trillion in fake bonds

Joel Patterson Feb 17, 2012
Share Now on:

The pulse is up on news that today Italian police seized fake U.S. Treasury bonds with a face value of a cool $6 trillion. That’s more than a third of the U.S. national debt.

The counterfeits were discovered in a Zurich, Switzerland warehouse as part of an investigation into mafia activity in the Vulture-Melfese area in the southern Basilicata region, according to the BBC.

Contained in three metal trunks bearing the inscription “Chicago Federal Reserve System,” the fake bonds were printed printed in $1 billion denominations and treated to look like they dated back to 1934.

Those attempting to perpetrate the fraud were trying to sell them to developing nations. Arrest warrants have been issued for eight suspects who’ve been linked with trying to buy plutonium from unnamed Nigerian sources.

Investigators who uncovered the attempted fraud said the forgeries presented “severe threats” to international economic security.

If you’re a member of your local public radio station, we thank you — because your support helps those stations keep programs like Marketplace on the air.  But for Marketplace to continue to grow, we need additional investment from those who care most about what we do: superfans like you.

Your donation — as little as $5 — helps us create more content that matters to you and your community, and to reach more people where they are – whether that’s radio, podcasts or online.

When you contribute directly to Marketplace, you become a partner in that mission: someone who understands that when we all get smarter, everybody wins.