A Government Monopoly

Dear me, the feds must be furious:

Eight people are to be questioned on counterfeiting charges on Monday after they were found with $100 million in fake U.S. treasury bonds in their possession, Polish authorities say.

The Central Anti-Corruption Bureau, a state agency, said the suspects — three Poles, two Italians, two Ukrainians, and a Moldovan woman — were arrested on Sunday afternoon in regions around Krakow and Lublin, in southern and eastern Poland.

A spokesman for the bureau, Jacek Dobrzynski, said the suspects were taken by surprise in Sunday’s raid. He said the value of the fake bonds was a record seizure for the bureau.

Selling worthless bonds with no backing?  That’s the US Treasury’s job!

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