North Carolina Man Convicted of Operating a Private Mint, Making Illegal Coins

by Joel Hendon⁽¹⁷⁰⁾ Red Star

http://hebronics.org/index.html

An FBI story was released today following a press release on March 18 2011, announcing the conviction of Bernard von NotHaus, 67, of Statesville, North Carolina. NotHaus was convicted of making, possessing and selling his privately minted “Liberty” dollars. He was found guilty also of issuing and passing these Liberty Dollars intended for use as current money, and of conspiracy against the United States. The investigation had been ongoing since 2005 and involved the minting of approximately $7 million worth of these fraudulent dollars.

According to the evidence introduced during the trial, von NotHaus was the founder of an organization called the National Organization for the Repeal of the Federal Reserve and Internal Revenue Code, commonly known as NORFED and also known as Liberty Services. Von NotHaus was the president of NORFED and the executive director of Liberty Dollar Services, Inc. until on or about September 30, 2008 (FBI Press Release: March 18, 2011)

According to court records, NotHaus designed the coins in 1998 to closely resemble the legal U.S. Silver Dollar, with the dollar sign ($); the words dollar, USA, Liberty, Trust in God (rather than In God we Trust)

NotHaus is free on bond, but faces a maximum of five years and $250,000 fine on counts 1 and 3 plus 15 years and a fine of $250,000 on count 2 of the indictment. In addition, the Feds are seeking the forfeiture of approximately 16,000 pounds of the Liberty Dollars and precious metals worth an estimated $7,000,000.

Three of his associates are awaiting trial for their complicity in the organization NORFED.

The case was investigated by the FBI, with the cooperation of Buncombe County Sheriff’s Department, and the U.S. Secret Service, in cooperation with and invaluable assistance of the United States Mint. The case was prosecuted by Assistant United States Attorneys Jill Westmoreland Rose and Craig D. Randall, and the forfeiture trial is being prosecuted by Assistant United States Attorneys Tom Ascik and Ben Bain Creed

Article submitted Tuesday, April 05, 2011 & read 41 times.

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