Bearer-Bond.com

Avoiding Phony Securities

Be aware of bearer bond security scams. The Bureau of the Public Debt reports that several bearer bond scams have taken place in the past few years. One such scam includes 3 Billion US dollars in bogus paper bonds that were smuggled into the US by way of the Philippines.

These bonds were supposedly sent to China in the 1930's. The bearer bonds were allegedly sent to aid the government of Chiang Kai-Shek in its fight against the communists. These bearer bonds were purportedly shipped via airplane. According the scam artists, the plane carrying the “US Dollar Bonds” crashed in the Philippines. These bonds are now resurfacing inside the US and in the United Kingdom.