Why Were The Trillions In Fake Bonds Held In Chicago Fed Crates?

Tyler Durden's picture

While there is precious little in terms of detail coming out of the latest and literally greatest "fake" bond story in history, the BBC has been kind enough to release the pictures of the boxes that the supposedly fake bonds were contained in. While we reserve judgment on the authenticity of the bonds, what we wonder is whether the boxes were also fake. Because while we can understand why someone would counterfeit the Treasury paper itself, what we don't get is why someone would go the extra effort to also create a "fake" compartment in which to store it. In this case a compartment that is property of the "CHICAGO FEDERAL RESERVE SYSTEM." Perhaps Fed uberdove and Chicago Fed President Charles Evans will be kind enough to explain why Versailles Treaty Chicago Fed crates are floating around in Europe (and filled with $6 trillion in supposedly fake bearer bonds)?

What is also interesting is that a simple google search for Mother Box Treaty of Versailles yields the following:

Transferring rights over Mother Box Treaty of Versailles 1934-Illinois Bank


We transfer rights over Mother Box Treaty of Versailles 1934-Illinois Bank having the next status:
1. Has been verified by the authorities, being legal, certain and real existence.-
2. With SKR in an Reputable Security House in an European Country .-
3. History of mother box and baby boxes (13 ) certified by a public notary.-
4. Print amount in the front of Mother Box includes:
M.B. Control...G7777xxxxxxxxxxxx
Sec Code
Public Debt Nº
Total Face Value: Three Trillions
5. Inside 13 baby boxes closed, with certificates, numbers, size and height.-
6. 13 JPG Images (In High Definition) Front, Up, Down, Right, Left, Inside, each with notary seal and sign.-


Transfer rights under conditions as follows:
1. Deal only with direct interested with Bank POF (Proof of Funds) in hands (Non negotiable point).
2. No broker chains or pretenders in the middle.
3. Verification when buyer wants and wish face to face.
4. Meeting with the owner without problem, ever in the European Country.
5. We are able and open mind about any reasonable offer.
6. We not send images, numbers of information in advance.
7. First step for any interested person: LOI and Passport.
8. Second step: We reply with the same.
9. Third Step: Both parties disclose addresses, phone numbers, mails and skype (Owners don´t speak english)
10. Operation is clear: after all previous steps is Box against Money.

If interest please write to secretisimo@mail.com


And some other examples of Chicago Fed Mother Boxes courtesy of divinecosmos:


And below is a fascinating, if entirely uncorroborated account on the provenance of these boxes, once again courtesy of Divine Cosmos. Unwittingly, the counterfeiters may have stumbled upon something they had no idea about:


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c'mon man's picture

Didn't this show up on Pawn Stars a couple of months ago and Chumlee bought it for $1500?


Tortuga's picture

No, that was a fake Gibson guitar. In a box marked Property of Chicago Fed. Hmmmm, who else do we know from Chicago?

AN0NYM0US's picture

I think in the lower left I can see WB7's trademark signature

fightthepower's picture

I'm sure billion of dollars are stolen from the Fed every year.  They aren't audited, you wouldn't get caught.  Hell, it might be a part of official policy. 

Cdad's picture

The last act of a dying empire is the of looting the Treasury.  This story, when the full facts finally emerge [if ever] will simply be the affirmation of that notion.

Conrad Murray's picture

On this episode of Pawn Stars the crew must determine the authenticity of the illusion that is America

Joe Davola's picture

Prosecutors are not sure what the gang was planning, but think they intended to sell the counterfeit bonds.


I wouldn't jump to conclusions, maybe the Ikea catalog in the outhouse was nearly out of pages.

GMadScientist's picture


Only $24M unmatured and they were never issued with face value > $10k.

walküre's picture

Surely you believe the official documentation from the People's Bank of China as well?

America is having its Weimar moment very soon.

GMadScientist's picture

Shouldn't you be picking out your houseboy in Athens about now?

lamare's picture

This paper (with references) confirms that Treasury notes with nominations as high as $500 million HAVE indeed been issued by the US Treasury:


A Paper for Presentation at the 2005 Annual Conference of the Economic History Society at the University of Leicester, 8-10 April 2005

By Dr. Franklin Noll

For most of their history after World War II, Treasury notes have been issued with denominations never rising above a high of $1 million. Yet, from 1955 to 1969, the Treasury issued Treasury notes with the added denominations of $100 million and $500 million. The purpose of this study is to determine why the Treasury issued these very-high-denomination Treasury notes and why it stopped doing so.

More in my post on page 3:




dexter_morgan's picture

Seems much of our political scum seems to come from Chicago nowdays.........but these do look fake based on the lettering.

surf0766's picture

It is filled with toilet paper !!!!!!!!!!!!!!!!!!!!!!!!!!!!

ziggy59's picture

Counterfeit bonds in a counterfeit market

kito's picture

sniff...sniff....sniff..i smell me a conspiracy............

johnnymustardseed's picture

Real treasuries and fake treasuries are both fake money

GMadScientist's picture

Don't worry. The ECB will still accept them as collateral.

I_Am_'s picture

good grief........seems to be no sanctity in anything. When and how does this madness end?


SilverRhino's picture

This reminds me of the Riddle of Steel in Conan

There is sanctity and trust in metals (Gold, Silver, Platinum, Lead, Brass)

resurger's picture

so what's the end game of all this shit? Can someone please explain.... AM HAVING A MIND FREEZE.


walküre's picture

If the bonds are not fake, the US debt is much bigger than they're admitting. Frankly, that's probably what we all know deep down inside. The debt has been building higher and higher since the creation of the Fed and they've done everything they could to hide it. Maybe WW2 was meant to destroy all remnants of the debt.

I'm less inclined to believe the bonds are fake. I'm more interested to know whether or not the bonds still have a value and can be collected.

I think it's time the TROIKA comes to town!

GeezerGeek's picture

Obama should confiscate them and use them to reduce the official government debt. (Don't ask me how that would work, this is just mindless speculation.) Then he can get reelected by claiming he reduced the debt by 40%. It would give him room to avoid having to renegotiate the debt ceiling in September or October.

Then the total U.S. debt would be about the same as now when he retires in 2017, as he could run $1.5 trillion deficits for four more years.

FeralSerf's picture

Al Haig managed to collect on some of the Japan 57 bonds.   One needs to approach the collection procedure with care and needs PTB connections.  Otherwise they are declared fake and one's life is not worth much.  Accidents and suicides happen.

fonestar's picture

In Rickards book, he basically says that there is no threat posed by someone dumping USTs on the market all at once.  So what "security threat" did these fake bonds pose exactly?

seek's picture

The threat would be, if they are real, that the UST issued more debt than reported. A lot more debt.

So if they were authenticated, it would severely compromise faith in US debt, and create a lot of very uncomfortable questions at home, which will never be asked by the media lapdogs, but might get mentioned on a blog or two.

LowProfile's picture

I have a feeling that these bonds are real. 

Why would someone go through the trouble of counterfeiting a something that is the equivalent of a piece of history, these when the chance of passing them would be nil?  You would be better off spending your efforts counterfeiting 1000 EUR notes, it would be about as difficult, and they would be easier to pass, and you'd actually get something in return (as opposed to trying to cash trillions of dollars of bonds).

I'm sure the Chinese now realize that to enforce their contracts, force of law won't be enough at this point. Either that, or they will simply dump their treasury holdings and drive gold to the moon.  Or both.

Unless they can be satisfied doing that, or have some other way to insure they are repaid, I suggest that everybody go long Sunburst and Dong Feng 21D missiles.



Just zoomed in and counted the stars and stripes on that box.

52 stars, 26 stripes.  Not looking too legit.  Somebody better have an explanation for this.  I'm not sure the "they made these bonds with glaring errors so they could later refute provenance" holds water, either.


Still think there's going to be an issue with the Chinese redeeming their treasurys though...

rsnoble's picture

Well if the bonds are confiscated and are also claimed fake.........then no one can cash in on them right?  They're probably real and were given to the Mafia way back when for who knows what lol.

rsnoble's picture

Just read the article beneath the pics. Interesting.

Crispy's picture

If paper were liquid we would need a bigger boat right about now.

Sunshine n Lollipops's picture

I'm thinkin somethin sorta ark-ish.

SilverRhino's picture

Things that may you go what the fuck???

economessed's picture

Fake bonds are like fake breasts -- hard to take your eyes off of, fun to play with; but ultimately, they are just over-compensating for much larger issues of inadequacy by the owner.

LouisDega's picture

Hmmmmmmmm... Im intrigued. Why were they? I gots ta know

dontgoforit's picture

SARCASM - because beating the crap out of someone is illegal.  Given EU's situation these bonds may have been their ace in the hole!

alien-IQ's picture

Perhaps in all the excitement, somebody forgot to transfer the bonds to the crates marked "Property of Al-Qaeda"?

surf0766's picture

If they were real ,could these be gold backed?

Eally Ucked's picture


1 billion face value bond from 1934, many more images of boxes and bonds at this site.

Explore that site, you'll find many more interesting things.

GMadScientist's picture

So imagine you're a Euro-douche with too many zooro on hand and you'd like to "diversify" into something that can (theoretically) be redeemed in a less doom-prone currency (by degrees anyway).

Who better to take advantage of with fake bearer bonds?

What'll they do...report they were defrauded while attempting to evade currency controls and taxation?!

The IBM love dumb Euro money.

TradingJoe's picture

"They were trying to sell them back to Benjie":)))

Dr. Engali's picture

Maybe uncle sam should do that with all the outsatnding debt. Debt? What debt? It's all fake. We don't owe you anything.

rsnoble's picture

Forensic evidence: Notice the dust on the crate and the fading of the letters? They've been around awhile.

GMadScientist's picture

So the stuff in the back window of my car is valuable now?

rsnoble's picture

Just a posibility. For instance anyone that does storage auctions knows that units covered in dust have a much larger % of containing something old and valuable than a well organized, shiny plastic piece of shit filled with China crap.

PicassoInActions's picture

soon the word "million"  and "billion" will disapear from dictionarry.

wtf, when people hears that some1 stole a million it's like... who cares that's not money.

I never had in my hands more than 50k in cash.

This numbers are getting wierd quickly.