Babylon's Bankers

NOW IT’S FILIPINO BEARER BONDS: A CLOSER LOOK: PART FIVE: A ...

I have noted in the previous sections of this miniseries the peculiar resemblance of the Filipino Bearer Bond scandal to the subsequent Spanish and Italian Bearer Bonds scandals. But there is more information out there about this, and it appears here:

FED Bond Notes Billions Or CIA Forgery Plants?

Here we note the following things:

1) the Filipino version of the scandal clearly has a connection to China via Hong Kong;

2) it was perpetrated in part by an individual claiming to be a son of former Philippine President Ferdinand Marcos;

3) this individual was prosecuted and sentenced to a prison term for his part in a gold certificate forgery scheme.

It is this fact that sets the Filipino incident squarely in line with the Spanish and Italian bearer bonds scandals, as in the Spanish case arrests were also made and prosecutions are planned. Note that the imposter eldest son of Ferdinand Marcos claimed ownership of billions of dollars' worth of gold, an amount that again raises the question of where all that gold is coming from (General Yamashita anyone?) As the posts on the website linked above indicate, other individuals claiming partial ownership in the faked gold certificates were arrested and released, and suspiciously, neither the prosecutors nor the FBI ever indicated where the certificate were counterfeited nor by whom.

That fact should give us pause, for at the minimum it means that it is very likely that this whole counterfeiting scheme remains of concern to US authorities (justifiably so!), but more importantly, it could also mean that secrets are still being kept about a vast and secret system of finance that the allegedly forged securities represent.... and that remains my inclination.

See you on the flip side...

6 thoughts on “ NOW IT’S FILIPINO BEARER BONDS: A CLOSER LOOK: PART FIVE: A ...”

  1. We remember gold as highly valuable to the pre-ancients,
    but have forgotten why,
    so we simply hold it as value for purchase and trade.

    Long ago gold was noted for its very strange properties,
    only now being rediscovered.
    And THAT’S where its true value lay.

  2. “Here was a fraud used many times by banks all over the world, when a gold certificate was issued in exchange for bullion placed on deposit, embedded codes were used – and it was believed by some to include misspelled words – to “assure” the owner’s certificate matched bank records exactly. Later, misspellings were easily cited ‘evidence’ of fraud.”

    1. Charolettes web…..Victorias gallery…est. 1912, the day the ship god couldnt sink went down in a ice field.

      the web she weaves as she …. whistling dixie…..right off of the cliff.

  3. lots of missing gold during ww2, during the russian revolution a train load of gold went missing…..

    possibly this is the oligarchs banking system ….all of those hundreds of millions deaths during all these wars….as the mr gold fingers maneuver around, passing off bonds and acquiring the HARD assets……kill off the bond holders, then corrupt the system. …mr james bond licensed too kill.

    It wouldn’t be the 1st time a gold smith would issue more receipts than they had of assets…..pretty clever if they issued them with no intention of ever converting them….dusting the bonds for fingerprints would be a good beginning…
    there are 6 billion souls on the planet…..the end could justify the means….this could bee Victoria’s little secret.

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