COMMENT: This alternative, voluntary gold & silver currency may be controversial, but it seems incomprehensible that it could be deemed illegal on grounds of resembling Federal Reserve paper notes. Don’t the Feds know we abandoned the gold standard back in the 70s? It is even more outrageous for these attorneys to term the convicted man as a participating in “a unique form of domestic terrorism.” More evidence that the phony War on Terror is waged against the American people rather than on shadowy men in turbans seeking jihad.
Man convicted of creating counterfeit U.S. currency
March 21, 2011
WASHINGTON (Reuters) – A North Carolina man was convicted for creating and distributing a counterfeit currency that was very similar to the real dollar, a U.S. Attorney said.
Bernard von NotHaus, 67, minted Liberty Dollar coins in the value of $7 million dollars. The conviction concludes an investigation that was started in 2005.
“Attempts to undermine the legitimate currency of this country are simply a unique form of domestic terrorism,” Anne Tompkins, U.S. Attorney for the Western District of North Carolina, said in a statement on Friday.
“While these forms of anti-government activities do not involve violence, they are every bit as insidious and represent a clear and present danger to the economic stability of this country,” she said.
Local Liberty Dollar ‘architect’ Bernard von NotHaus convicted
March 21, 2011
The former head of an Evansville-based company that tried to introduce a currency that competed with the U.S. dollar has been found guilty of federal charges in North Carolina.
Bernard von NotHaus, 67, was convicted Friday by a federal jury of making, possessing and selling his own coins, said Anne M. Tompkins, U.S. attorney for the Western District of North Carolina.
After an eight-day trial and less than two hours of deliberation, von NotHaus, the founder and “monetary architect” of a currency known as the Liberty Dollar, was found guilty of making coins resembling and similar to United States coins; of issuing, passing, selling and possessing Liberty Dollar coins; of issuing and passing Liberty Dollar coins intended for use as current money; and of conspiracy against the United States.
Von NotHaus, who remains free on bond, faces a sentence of up to 15 years’ imprisonment and a fine of not more than $250,000 on the count related to distributing the coins for use as money and a sentence of five years and fines of $250,000 on counts related to making the coins and the conspiracy charge.