Pallets of American Silver Eagle Coins, in South Dakota Scam!!

Discussion in 'Bullion Investing' started by fretboard, Dec 9, 2021.

  1. fretboard

    fretboard Defender of Old Coinage!

    An international scheme involving millions of dollars, fake humanitarian projects, silver coins and suspects still on the run sounds like the plot of a Hollywood movie. But this was all part of a case that was tried in federal court in South Dakota right before Thanksgiving. Video in the link as well, anyone hear about all this Silver??

    https://www.keloland.com/news/inves...nternational-fraud-case-tied-to-south-dakota/
     
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  3. Pickin and Grinin

    Pickin and Grinin Well-Known Member

    Holy crap! Nice stack of Monster Boxes.
     
    john65999, UncleScroge and spirityoda like this.
  4. SensibleSal66

    SensibleSal66 U.S Casual Collector / Error Collector

    Very interesting article! What a couple of strange looking characters. :rolleyes:
     
    love old coins and CoinJockey73 like this.
  5. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    Converting cash in to PM.S now thats an original idea...LOL
     
  6. Cinco71

    Cinco71 Well-Known Member

    Don't compare your silver stack to the one in the photos. Will only lead to insecurity issues.
     
  7. SensibleSal66

    SensibleSal66 U.S Casual Collector / Error Collector

    Mr.Q likes this.
  8. lordmarcovan

    lordmarcovan 48-year collector Moderator

    Yikes.

    Maybe I didn't read closely enough at the rest of the details, but how will the US jury decision be put into effect in Norway, I wonder? One hopes the Norwegian government and police and Interpol, etc., are on board.
     
    love old coins likes this.
  9. Mammothtooth

    Mammothtooth Stand up Philosopher, Vodka Taster

    How do you, or can you buy that many boxes of Silver coins from the Mint?
     
  10. CaptHenway

    CaptHenway Survivor

    Looks like that pallet originally held 200 monster boxes, or 100,000 silver eagles.
     
  11. fretboard

    fretboard Defender of Old Coinage!

    I guess they don't like gold, I don't understand that part of the scam at all! Lucky I'm not a criminal as I'd go for the gold! :D
     
    john65999 likes this.
  12. Mr.Q

    Mr.Q Well-Known Member

    Hopefully those in prison will make booty buddies out of them, yuk!
     
  13. fretboard

    fretboard Defender of Old Coinage!

    Ouch, I hope that doesn't have anything to do with coin porn! j/k :D
     
  14. Heavymetal

    Heavymetal Supporter! Supporter

    Looks like only one of the 4 is from Norway & he is hiding, who knows where. The other 3 are US citizens
     
    Last edited: Dec 11, 2021
  15. Mr.Q

    Mr.Q Well-Known Member

    No, I wouldn’t put a coin through that. Thanks for the response, be safe!
     
    fretboard likes this.
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