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Next time you decide to counterfeit $134 billion, try a little harder than these guys.

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I'm sure at least some of you have heard the story about the two Japanese guys being stopped at the Italian border on their way into Switzerland carrying $134 billion in supposed US bearer bonds in their suitcases.

Wingnut radio host Hal Turner (of the Art Bell persuasion) has some of the close-up images on his site:

Click here...

It looks like they took the 1934 series Grover Cleveland thousand dollar Federal Reserve notes and changed them to billion dollar notes. Dig the vertical scaling in the lower corners--priceless. And Latin Wide for the denomination at the bottom. Finally, dig the coupons, which look straight out of CorelDRAW.

There's a YouTube video as well showing some uniformed guy pulling the rather strangely A4-sized "bearer bonds" out of a tattered brown man-purse.

This story actually made it onto Bloomberg.

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