Fake Maple vendor (and other items) taken down.

SOA

New Member
I've been keeping an eye on certain internet vendors who seem to deal in counterfeit currency (bullion with face value) with apparent impunity lately. I don't advertise where I watch, and I avoid publicising how you can go about getting counterfeit coins (for what I would hope would be plainly apparent reasons... this is an open board, and people from both sides of the ethical line can come here to gather information).

Today, one of the worst offenders, who sold a revised version of the Maples (they literally used his 'how to spot fake silver bullion' as a 'how to improve' guide and showed prospective buyers the 'old fake' next to the 'new fake' to assure you of the quality... going rate on the revised version was around half of spot... see below) appears to have closed up shop. Here's hoping they stay closed. They stocked a tungsten filled gold bar (though it was an alloy, so the measurements of the bar were well off) and a 10 ounce silver bar not previously seen mass copied, so its a good thing they're down.

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Redacted from this picture is the vendor's advertising.
 
What I find ironic is the fact these people are advertising and trading fake money.

It's currency as well as money by definition, hence it's no different (legally speaking) to running off fake fiat notes and putting them up for sale on ebay as the 'official' product.

Why the hell the legal authorities are not stepping in and slapping hefty jail sentences (screw just 'closing them down') is completely on me.
 
auspm said:
Why the hell the legal authorities are not stepping in and slapping hefty jail sentences (screw just 'closing them down') is completely on me.

I have been told by a dealer that there is a department looking into these things
I wouldn't want to be that bloke when the Feds come knocking on his door ,it takes time .
 
auspm said:
Why the hell the legal authorities are not stepping in and slapping hefty jail sentences (screw just 'closing them down') is completely on me.

Let's just say don't get caught importing or offering these coins for sale in Australia.
 
I hope so as this only tarnishes the hobby for everyone, I would like to see some huge busts on the news with police holding up crates of seized fake Pandas / Maple Silver coins for once rather than just another boring Cannabis raid in the outback.
 
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