Liberty Dollar

Discussion in 'Chit Chat' started by demoship, May 4, 2008.

  1. I remember seeing a thread on ET a while ago about that scam, and I just read that those guys actually got raided by the FBI.

    How could these guys print clearly bogus money/coinage and not expect to get fucked? I mean, it's one thing if you mint a coin and have it say "1 oz silver", but they put actual $ amounts on it. Claiming that 1 oz of silver is worth $20 or $50 or whatever their bogus conversion ratio is clearly misrepresentation, and if you try to pass it off as $20, then that could be considered counterfeiting. I've heard stories of people getting arrested for trying to pass off those bogus million $ bills, why would you expect not to get in trouble for passing off a bogus $20 coin?

    Unbelievable how people can run a scam like this, even sue the US Mint to retract their statement that these coins are illegal, and not expect some kind of action to be taken against them.