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When Private Money Becomes a Felony Offense

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    MrEurekaMrEureka Posts: 24,691 ✭✭✭✭✭
    Maybe some of the assets will be used to reimburse those who were defrauded by the guilty party.

    Who was defrauded?
    Andy Lustig

    Doggedly collecting coins of the Central American Republic.

    Visit the Society of US Pattern Collectors at USPatterns.com.
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    pf70collectorpf70collector Posts: 6,846 ✭✭✭
    BTW, commodity increases are at the bottom of the ladder when you are forecasting price increases. Wait til these new commodity prices ripple through the manufacturing chain.

    Commodities this year cost PG $500 million more this year. Better stock up. Next month prices will increase by at least 15% for their products.
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    RWBRWB Posts: 8,082
    Those who paid real money for the guilty person's tokens under the assurance they were "real money." Von NutHouse insisted on being paid in real US dollars. Nothing more than another con artist out to fleece the public.
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    pf70collectorpf70collector Posts: 6,846 ✭✭✭
    These Liberty Dollars are all over ebay. If they are illegal why haven't the Feds seized these?
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    FrankcoinsFrankcoins Posts: 4,572 ✭✭✭
    While the manufacture of the Liberty Dollars was unquestionably legal, the suggested way of "spending" the
    Liberty dollars was obviously misleading and therefore seriously harmed the claim that it was "voluntary"
    currency.

    From


    http://www.chambersburglibertydollar.com/whattodo.htm

    1. Please don't attempt to educate people about money when using Liberty Dollars.

    2. Although prudence would seem to indicate that people would refuse a currency they've never seen, this is simply not the case. After thousands of transactions, the Liberty Dollar is accepted much of the time it is offered.

    3. In many localities such as the Chambersburg area, the Liberty Dollar is more widely accepted. If businesses in your community are not familiar with the currency, you should simply offer The Liberty Dollar with the confidence that it will be accepted. After all, why wouldn't it be? It's the same when you, as a merchant, hand it out as change. If the person doesn't want it, they'll tell you and you can simply use greenbacks.

    4. "Do the Drop!" The best way to introduce the Liberty Dollar is to drop the one-ounce $50 Silver Liberty in someone's hand. Do not hand it to them. Drop it! Hold the Silver Liberty a couple inches above their outreached palm and drop it so it lands flat in the person's palm.

    5. Now the hardest part - don't say anything! Just wait. Let the person marvel at its beauty, weight, and discover it says FIFTY DOLLARS. If you are asked anything, just keep your answers short. Remember to KISS - Keep it Short and Simple.

    6. When asked "Is it real?" Answer: "Yes, pure silver, 50 Liberty Dollars." Do not rush. Just stand there and wait, patiently. No need to smile. Just wait.

    7. After 30 seconds, say, "I have the paper [show them greenbacks], but would like to give you some silver." If they hand it back immediately, just give them greenbacks.
    Frank Provasek - PCGS Authorized Dealer, Life Member ANA, Member TNA. www.frankcoins.com
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    RWBRWB Posts: 8,082
    The tokens are not illegal.

    Presenting them as money was the perpetrator's problem. Is anyone on ebay offering to accept the tokens instead of money....

    The script posted above is an excellent example of directed self-deception. Common to con artists of all types whether selling "magic magnets" to increase your car's fuel economy, or perpetual motion machines to generate clean energy.
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    DonWillisDonWillis Posts: 961 ✭✭✭
    Enough politics.
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