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Asheville man charged in alleged Liberty Dollar fraud scheme

Posted By admin On June 5, 2009 @ 4:03 am In Featured Stories | Comments Disabled

Clarke Morrison
Ashville Citizen-Times [1]
Friday, June 5, 2009

Federal authorities arrested an Asheville man in what they said was a scheme to undermine the U.S. currency system and defraud consumers with so-called Liberty Dollars.

William Kevin Innes marketed the “barter” currency in Western North Carolina and recruited merchants willing to accept it and give it as change for products bought with real money, according to an indictment unsealed this week.

Innes, 53, faces up to 45 years in prison if convicted. He was indicted along with Bernard von NotHaus, president of the National Organization for the Repeal of the Federal Reserve and Internal Revenue Codes, and two other defendants from Indiana associated with the corporation.

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Asheville man charged in alleged Liberty Dollar fraud scheme 250509BANNER [2]

Innes made an initial appearance before a federal magistrate judge in Asheville Wednesday and was ordered detained pending a detention hearing set for Monday before a judge in Charlotte, according to the U.S. Department of Justice.

Liberty Dollars are coins made of silver or gold and are touted as inflation-proof and a way to encourage buying local goods.

“When groups seek to undermine the U.S. currency system, the government is compelled to act,” said acting U.S. Attorney Edward Ryan of the Western District of North Carolina.

Full article here [1]


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URLs in this post:

[1] Ashville Citizen-Times: http://www.citizen-times.com/apps/pbcs.dll/article?AID=/20090605/NEWS01/906050331/1009

[2] Image: http://prisonplanet.tv/signup.html

[3] CDC vaccine scientist who downplayed links to autism indicted by DOJ in alleged fraud scheme: http://www.prisonplanet.com/cdc-vaccine-scientist-who-downplayed-links-to-autism-indicted-by-doj-in-alleged-fraud-scheme.html

[4] Liberty Dollar Founder Fights for Financial Freedom: http://www.prisonplanet.com/liberty-dollar-founder-fights-for-financial-freedom.html

[5] Judge finds NC ‘Choose Life’ plates unconstitutional: http://www.prisonplanet.com/judge-finds-nc-%e2%80%98choose-life%e2%80%99-plates-unconstitutional.html

[6] Pennsylvania Judge Convicted in Alleged ‘Kids for Cash’ Scheme: http://www.prisonplanet.com/pennsylvania-judge-convicted-in-alleged-kids-for-cash-scheme.html

[7] Feds Try To Confiscate $7 Million In Silver Liberty Dollars: http://www.prisonplanet.com/feds-try-to-confiscate-7-million-in-silver-liberty-dollars.html

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