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The E-Sylum:  Volume 10, Number 50, December 9, 2007, Article 17

LIBERTY DOLLAR FOUNDER CREATES 'ARREST DOLLARS' TO RAISE DEFENSE FUNDS

[A number of Internet publications picked up on the latest
wrinkle in the story of the Liberty Dollar currency substitute.
Here are excerpts from one such article on TheStreet.com.
-Editor]

"Liberty Dollar, the firm that got raided by the FBI before
Thanksgiving for trying to start a precious-metals-based
currency to compete with the greenback, now says it's back
in business.

"Well, sort of.

"The company's founder, Bernard von NotHaus, said in an email
Thursday that he's changed the firm's name to Liberty Dollar
Numismatics. And he's also trying to raise money by converting
any previously issued Liberty Dollar coins into an Arrest
Dollar marked with a special miniature handcuffs hallmark.

"Liberty came to prominence in July after it started minting
solid silver coins stamped with an image of Ron Paul, a
Republican presidential hopeful and an avid supporter of a
return to the gold-standard monetary system.

"But the operation seemed to come to an abrupt halt when
the Secret Service and the FBI raided the firm's Evansville
office in mid-November and confiscated all materials,
including the precious-metal Liberty Dollar coins and the
Ron Paul dollars.

"Von NotHaus says he'll take any previously issued Liberty
Dollar or Ron Paul dollar coin for a fee of $10 and put the
money toward his legal defense fund. He says he expects to
be arrested on a multitude of charges, including money
laundering and conspiracy, but he's not quite sure when."

To read the complete article, see:
Full Story

To view "Arrest Dollar" images, see:
Full Story

  Wayne Homren, Editor

Google
 
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