Sword Of The Lord With Electronic Edge

Monday, April 04, 2011

Feds seek $7M in privately made 'Liberty Dollars' - Yahoo! Finance

Feds seek $7M in privately made 'Liberty Dollars' - Yahoo! Finance: "Federal prosecutors on Monday tried to take a hoard of silver 'Liberty Dollars' worth about $7 million that authorities say was invented by an Indiana man to compete with U.S. currency.

Bernard von NotHaus, 67, was convicted last month in federal court in Statesville on conspiracy and counterfeiting charges for making and selling the currency, which he promoted as inflation-proof competition for the U.S. dollar.

His Charlotte-based lawyer, Aaron Michel, is appealing that verdict. He wrote in a motion filed Thursday that von NotHaus did nothing wrong because he didn't try to pass the Liberty Dollars off as U.S. dollars."

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