Liberty Dollar Crackdown!

Posted on June 5th, 2009 by J. Nick Puglia in Bureaucrash HQ

Four members of Liberty Dollar, including founder Bernard von NotHaus, have been arrested. All four defendants are now facing federal fraud charges as Liberty Dollars are deemed to too closely resemble Federal Reserve Notes.

The Liberty Dollar folks have a long hstory of FBI problems but seem upbeat about the opportunity “to prove beyond a shadow of a doubt that it is legal.”

For more information on this story check out the Liberty Dollar Crew Arrested discussion in Bureaucrash Social.

  • victorking
    The liberty dollar could not resemble Federal Reserve Notes. The very word "Note” signifies a debt instrument. Liberty dollars are Silver and Gold. That is substance, not a promise to pay backed by nothing. The only reason this is happening is because the Federal Reserve feels their monopoly is being threaten! - This is my opinion
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