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| -Lurid Crime Tales- |
| Counterfeit gold bars being sold by 'reputable' merchants |
| 2012-09-19 |
| Fake gold bars turn up in Manhattan - A 10-ounce gold bar costing nearly $18,000 turned out to be a counterfeit. The bar was filled with tungsten, which weighs nearly the same as gold but costs just over a dollar an ounce. Ibrahim Fadl bought the bar from a merchant who has sold him real gold before. But he heard counterfeit gold bars were going around, so he drilled into several of his gold bars worth $100,000 and saw gray tungsten -- not gold. What makes so devious is a real gold bar is purchased with the serial numbers and papers, then it is hollowed out, the gold is sold, the tungsten is put in, then the bar is closed up. That is a sophisticated operation. |
| Posted by:Anguper Hupomosing9418 |
| #5 How much of our gold reserves are fake? You'll be the last one to know. |
| Posted by: Anguper Hupomosing9418 2012-09-19 17:45 |
| #4 When precious metals are once again outlawed in the Obama Nation, and Food Stamps finally become the coin of the realm, this problem will not exist. |
| Posted by: Besoeker 2012-09-19 15:01 |
| #3 What you want to bet that he doesn't get his money back? How much of our gold reserves are fake? |
| Posted by: gromky 2012-09-19 14:56 |
| #2 Drill, baby, drill. |
| Posted by: Ebbang Uluque6305 2012-09-19 11:21 |
| #1 Heh... |
| Posted by: Water Modem 2012-09-19 11:17 |