Sunday, November 18, 2007

USA Today Reports

Federal agents have reportedly seized illegal "Liberty Dollars" and other currency, including two tons of copper coins bearing the likeness of GOP presidential candidate Ron Paul.

The raid took place yesterday in Evansville, Ind., at the headquarters of the National Organization for the Repeal of the Federal Reserve Act & Internal Revenue Code, a group that the government accuses of producing and distributing illegal currency.

A spokesman for Paul says the GOP lawmaker has nothing to do with the group or its currency.

"We have no connection with that," Jesse Benton tells AP. "He was using Ron as a marketing technique. We didn't have anything to do with that or sanction it or give permission in any way."

Bernard von NotHaus is identified by the Evansville Courier Press as "the group’s monetary architect." NotHaus says he expects to be indicted on charges of money laundering and wire fraud.

“I see this as a golden opportunity to go into court and vindicate the Liberty Dollar as being legal and being the solution to our great country’s monetary problems,” von NotHaus said. “This is going to be a big trial. We’re going to be putting Evansville on the map. Because money is going to be on trial right there in Evansville.”

Read more here.

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