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<p>[QUOTE="fretboard, post: 1627896, member: 19765"]The problem was Bernard von Nothaus tried to circulate his money and tried to have businesses using his coins instead of US dollars. When other money is circulated then the US dollars are not and the feds do not like that one bit. von Nothaus could be a rich man if he played his cards right, problem was for whatever reason he thought it was ok to circulate his coins instead of circulating US coins. If he would have simply made his silver rounds and sold them everything would be fine, but he didn't. That's where he screwed up. </p><p><br /></p><p><br /></p><p><a href="http://www.nytimes.com/2012/10/25/us/liberty-dollar-creator-awaits-his-fate-behind-bars.html?pagewanted=all&_r=0" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.nytimes.com/2012/10/25/us/liberty-dollar-creator-awaits-his-fate-behind-bars.html?pagewanted=all&_r=0" rel="nofollow">http://www.nytimes.com/2012/10/25/us/liberty-dollar-creator-awaits-his-fate-behind-bars.html?pagewanted=all&_r=0</a></p><p><br /></p><p><br /></p><p> "In 2006, with millions of the coins in circulation in more than 80 cities, the United States Mint sent Mr. von NotHaus a letter advising that the use of his currency “as circulating money” was a federal crime. </p><p><br /></p><p> He ignored this advice,and in 2007, federal agents raided the offices in Evansville, seizing, among other things, copper dollars embossed with the image of Mr. Paul. </p><p> Two years later, Mr. von NotHaus was arrested on fraud and counterfeiting charges, accused of having used the Liberty Dollar’s parent corporation — Norfed, the National Organization for Repeal of the Federal Reserve — to mount a conspiracy against the United States. It became real easy for the government to convict the guy cause he blew it."[/QUOTE]</p><p><br /></p>
[QUOTE="fretboard, post: 1627896, member: 19765"]The problem was Bernard von Nothaus tried to circulate his money and tried to have businesses using his coins instead of US dollars. When other money is circulated then the US dollars are not and the feds do not like that one bit. von Nothaus could be a rich man if he played his cards right, problem was for whatever reason he thought it was ok to circulate his coins instead of circulating US coins. If he would have simply made his silver rounds and sold them everything would be fine, but he didn't. That's where he screwed up. [url]http://www.nytimes.com/2012/10/25/us/liberty-dollar-creator-awaits-his-fate-behind-bars.html?pagewanted=all&_r=0[/url] "In 2006, with millions of the coins in circulation in more than 80 cities, the United States Mint sent Mr. von NotHaus a letter advising that the use of his currency “as circulating money” was a federal crime. He ignored this advice,and in 2007, federal agents raided the offices in Evansville, seizing, among other things, copper dollars embossed with the image of Mr. Paul. Two years later, Mr. von NotHaus was arrested on fraud and counterfeiting charges, accused of having used the Liberty Dollar’s parent corporation — Norfed, the National Organization for Repeal of the Federal Reserve — to mount a conspiracy against the United States. It became real easy for the government to convict the guy cause he blew it."[/QUOTE]
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