Lets just say that I believe you have been used by someone to proceed with this. It is commonly known and public stated that these instruments as presented in the form and print shown in various internet sites are fakes.
If you look at the color compound used in the print you will find that it did not exist in that form at the time or purported issueance.
It may be new to you but it is not new to the local authorities. You will find bank officers telling you all is nice and easy, they take it in, the paper goes to compliance and then the trouble starts. Some banks identify it immediately, some call the police and almost all notify the local authorities.
Verification is not criminal, the intend to use them makes it an attempt to defraud.
Such intent will always been seen by the authorities, because why else verify. You need to have a good bank relation to survive the verification with status intact. I did so and still do when its necessary but its not something I recommend for the average bank even.
I remember that there is literature explaining that some certificates similar but also different had been lost during the time applicable and that some time ago, we are talking more than 30 years, a silent recovery of perfectly useless and worthless certificates had taken place to avoid a certain public embarrassment following specifics of an intelligence operation, but this is old news and does not apply here.
There are still structures out there who use these old papers, but only very limited quantities are still around and none of what falls under the categories you apply here.
The US Government has gone to great length to set up operations to catch all the paper in the markets, the key players have been identified and a lot of side players, working on advance fee scam basis.
You acting as a broker in such circumstances makes you liable as well.
So try to get legal counsel to verify liabilities in order to be safe.
Even if within the pack you attract you will find real papers, you will find that these are not handled the way you purport.
By the way, that business plays for keeps, there is a string of liveless looking bodies which go with the money trail.
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so Eagle One, even if you dig deep, when the so called "issuer" says and notifies and certifies that he never issued these, the fact that he is lieing does not help you when serving 20 years.
some jurisdictions just deport and forget about it, some just take the paper away, but ........
I personally have only seen a few real ones and they looked all different than the ones offered etc on the web, and even these redemption was done not because they were good but because they needed to avoid trouble and paying was the lower price.
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Actually, there is only one body that is capable of verifying/authenticating these papers, there was a famous former Scotland Yard forensics officer who used to issue Certificate of Authenticity ref to these FRN/FRB's. He was jailed for 5 years ....
To prove your point as to the authenticity, you need to do extensive research and even so you manage to prove the authenticity of these notes/bonds they will never be paid (Decision of the DOJ and various decisions in European's courts)
I have personnally spent a lot of money on these boxes to reach the above conclusions
The so-called WF (thats is not indeed the correct terminology) is another matter.
As Eagle wrote there are two faces, even you dig very deep and get what you want (and maybe you will) then you can be prepared to prove your point in front of a Court of Law it will take years and you'll need a lot of money to pay the best legal expertise on the market
So unless you have strong arguments (because you've done your home work) getting involved in promoting a "programme" is frankly "suicidal" implying that alphabetical people and/or Us Gvt bodies may be involvedin redemption is more of a "conspiracy theory"'s believer
There are other historical assets worth the hassle (not FRNs not FRBs)
Smilingtiger
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Even if any of these near mythical instruments were real - the Feds would roll up anyone who tried to negotiate them on general principles.
If you have something that could be verified by a reputable third party - one way to go is an action for declaratory judgment in the US Court of Claims or against the issuing FRB itself. But you'd need to have deep pockets and nerves of steel.
Jonathan H. Levy
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will (Login clearverbiage) Banking Forum Group 220.255.7.248
Re: FRN, TOV. WFB - Redemption Program
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November 26 2008, 7:51 PM
Chris,
Paham gwna 'ch angen at ca involved pryd 'r beryg ydy fel 'n dal a 'n ail at
bod fraudulent.
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