NSFW Anon Archived $50 Million worth of gold bars in circulation found to be fake. Some making it as far as JPMorgan and Chase & Co's vaults. (dailymail.co.uk)
submitted ago by 3403648?
Posted by: 3403648?
Posting time: 1.3 years ago on
Last edit time: 1.3 years ago on
Archived on: 11/27/2019 10:00:00 AM
Views: 297
SCP: 72
73 upvotes, 1 downvotes (99% upvoted it)
~91 user(s) here now
Subverse anonymized: usernames are hidden and votes don't count.
NSFW: Yes
Authorized: No
Anon: Yes
Private: No
Type: Default
NSFW Anon Archived $50 Million worth of gold bars in circulation found to be fake. Some making it as far as JPMorgan and Chase & Co's vaults. (dailymail.co.uk)
submitted ago by 3403648?
view the rest of the comments →
[–] 20364918? 0 points 1 point 1 point (+1|-0) ago
https://unvis.it/https://www.dailymail.co.uk/news/article-7401687/Fake-branded-bars-slip-dirty-gold-world-markets.html :
"And it still exists, and it still works. 'Fake gold bars - blocks of cheaper metal plated with gold - are relatively common in the gold industry and often easy to detect."
'Gold bars fraudulently stamped with the logos of major refineries are being inserted into the global market, causing a crisis in the industry. '
'Sophisticated criminals have been branding the sub-par gold with the logos of prestigious Swiss refineries in order to give their inferior product legitimacy. '
'Kilobars are the most common form of gold in circulation around the world, passing fluidly between banks, refineries, dealers and individuals. ', "The Shanghai Gold Exchange, which regulates China's gold market, said in a statement it was not aware of counterfeit bars being made in or transported through China. 'The Shanghai Gold Exchange has established a thorough delivery and storage system."
This has been an automated message.