Pair arrested trying to bring fake bonds to Vatican bank
March 31, 2014
The Vatican has cooperated with Italian and German police in the arrest of two men who were carrying $4 trillion in counterfeit bonds.
The two men—one Dutch, one American—appeared at the Vatican seeking entry to the Vatican bank, the Institute for Religious Works, and claiming that cardinals were awaiting them there. In fact no one at the Vatican bank was expecting them.
Although the bonds that the men were carrying had an enormous face value, some were crudely faked, informed officials reported. With suspicions aroused, they were placed under arrest. A Vatican spokesman remarked that they were “not exactly master criminals,” since they were stopped before even gaining entry into Vatican territory.
The arrests were apparently unrelated to a continuing effort by officials at the Vatican bank to ensure transparency in financial transfers.
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