Article

2004-04-22 Southeast Asia

Archived material is restricted to Rantburg regulars and members. If you need access email fred.pruitt=at=gmail.com with your nick to be added to the members list. There is no charge to join Rantburg as a member.

Posted by Dan Darling 2004-04-22 2:15:49 PM|| || Front Page|| [5 views since 2007-05-07] Top

#1 From this article:

Fighting Counterfeiters Also Helps Fight Terrorism

This point was underlined by the July 20 [2002] Customs Service arrest at the Detroit airport of a suspected al-Qaida member carrying $12 million in counterfeit cashiersâ checks drawn on West America Bank. Reportedly, the forged checks were of very high quality and looked extremely convincing.

... Interpol estimates that legitimate $100 bills make up 30 percent to 40 percent of all the $100 bills circulating outside the United States. The rest are counterfeits that help fund terrorist activities, money laundering, drug deals and illicit arms trades. Such counterfeiting is taking place on a massive scale, as shown by the Philippine National Bureau of Investigationâs reported seizure recently of U.S. $100 bills and Treasury notes with a face value of over $1.7 trillion, plus computer and printing equipment. The fake $100 bills sold for $4 each.

Currency counterfeiting is a more substantial terrorism issue than knockoff Louis Vuitton handbags.

China's product counterfeiting and intellectual property theft is doing major harm to our world's economy. Their pirating is damaging the commerce and job markets of every other industrialized nation on earth.

Posted by Zenster 2004-04-22 5:13:47 PM|| 2004-04-22 5:13:47 PM|| Front Page Top

08:24 Jen
08:16 raptor
04:45 Zenster
04:16 Zenster
04:10 .com
04:08 Jen
03:55 Zenster
03:36 Jen
01:25 Super Hose
01:18 Super Hose
01:05 Super Hose
00:53 Frank Martin
00:15 RWV
00:06 RWV
23:59 Pappy
23:53 ruprecht
23:47 Bomb-a-rama
23:45 Pappy
23:43 Bomb-a-rama
23:39 Robert Crawford
23:39 Bomb-a-rama
23:36 Robert Crawford
23:34 CrazyFool
23:30 Halfass Pete