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Saturday, August 21, 2010 HOMELAND INSECURITY WorldNetDaily N. Korea attacks U.S. with fake $100 bills State Dept. charges Asian regime with sabotaging American economy Posted: August 20, 2010 10:10 pm Eastern
By Drew
Zahn
What the man may not have realized is that the State Department has
confirmed a rash of these almost undetectable counterfeits, called
"supernotes," have been flooding the U.S. from North Korea in a form of
monetary sabotage one former FBI agent warns could constitute an act of
war. The existence of the supernotes was exposed in 2008, when several
Chinese men were convicted of smuggling tens of millions of dollars worth
of the counterfeit money into the U.S. Originally, the supernotes fooled even state currency experts. "It wasn't until they took [a] bill back to Washington, D.C., and they
examined it in the labs of the Secret Service … that they determined that
in fact it was a supernote," author and former FBI agent Bob Hamer
explained to the Christian Broadcasting Network. "It's a near-perfect
replica of our $100 bill." But authorities also discovered that the Chinese men hadn't actually
produced the counterfeits; they were only the vehicle for smuggling the
currency into the U.S. Last month, the International Business Times reports, State Department
spokesman Philip Crowley confirmed U.S. officials now have "no doubt" that
North Korea is behind the counterfeit currency ring. And that, Hamer told CBN News, could be considered an act of war. (Story continues below) "It's an act of aggression," Hamer said, recalling his undercover work
that helped expose the counterfeiting plot. "We're talking about a foreign
country counterfeiting our currency and then were going to make me an
exclusive distributor of over $40 million of this counterfeit money here
in the United States." The former FBI agent further explained, "The notes are manufactured in
North Korea. They were being distributed through the Russian Embassy in
Beijing to the Chinese organized crime figures that were dealing directly
with me." The ongoing use and spread of the phony money contributed to the State
Department decision, announced last month, to initiate a new wave of
sanctions against North Korea. "We have been able to identify sources of revenue, illegal sources of
revenue, and we're going to be working with our international partners to
try to stem this flow of illegal activity," Crowley said. The U.S. has acted on the crime before, singling out the China-based
Banco Delta Asia as an accused conduit for laundering the supernotes. The
action led to a freeze of more than $25 million in North Korean assets at
the bank; and in 2007, the White House went further, when the U.S.
Treasury ordered American banks and companies to sever all ties with BDA.
Still, Hamer told CBN News, he's surprised the media hasn't reported
more on the financial implications of the phony bills. "Anytime there's counterfeit money being circulated in our country its
going to have an impact on our economy," Hamer said, "especially when
we're talking about the dollar amounts that they're talking." As for the man who paid his taxes with the counterfeit $100 bill, New
Jersey's Verona-Cedar Grove Times reports the authorities discovered it by
running it through a portable scanner acquired last June to stop a string
of phony $20 bills being distributed in Verona. Police told the paper that the unsuspecting man could be issued a
replacement $100 bill once he gets a report from the U.S. Secret Service
confirming the original as a counterfeit. Related offers: America's
wealth is being intentionally killed off. Find out how to protect your own
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America Back," Joseph Farah's manifesto for sovereignty, self-reliance and
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