The calculator will not verify the validity of a serial number or confirm bond ownership. The calculator only checks that the issue date and denomination entered are a valid combination - it will not verify whether a bond exists. This information could be the issue date and denomination from a real bond, or it could just be a random choice of a date and denomination. The Savings Bond Calculator is merely a tool to calculate the value of a bond based on an issue date and denomination entered. There is no monetary value to a birth certificate or a social security number/EIN, and TreasuryDirect accounts must be funded by the owner (through payroll deductions or from purchasing directly from the owner's personal bank account) to have any value. But, the scammers intend to profit from this story by selling their bogus wares. No one has profited from the Treasury Department by using these tactics. Some internet sites even offer to sell videos, webinars, and coaching on how to do this. These blogs and videos promise that your birth certificate bond will be able to wipe out all your debt or help you collect monies/securities. creating bonds by using the Savings Bond Calculator.activating a TreasuryDirect Account (TDA), or.Scams vary in methods for citizens to gain control of their alleged assets, such as: citizens on the open market and making each citizen a corporate asset (sometimes referred to as a “Strawman”) whose value is controlled by the government. With the help of the Federal Reserve Bank, the government became a corporation (sometimes called ”Government Franchise”) and converted the bodies of its citizens into capital value, supposedly by trading the birth certificates of U.S. The common tale offered in this scam states: When the United States went off the gold standard in 1933, the federal government somehow went bankrupt. This story is a variation of the older Bogus Sight Drafts/Bills of Exchange Drawn on the Treasury scam. Also, the “Exemption Account” is a false term these accounts are fictitious and do not exist in the Treasury system. The truth is, birth certificates cannot be used for purchases, nor can they be used to request savings bonds purportedly held by the government. Request savings bonds held by the government in your name and owed to you.Make purchases that will be charged to a “Exemption Account” (perhaps identified by your social security number or EIN), or.The distribution of the new bills is expected to be gradual as banks receive them.Ĭonsumer prices rose 8.4% in April compared to the previous month, with inflation reaching 32% in the first four months of the year, according to the state-run INDEC statistics agencyĮconomic consultancies expect May inflation to be even higher and estimate an inflation rate of at least 130% for the year.Several internet blogs and videos make false claims that a United States birth certificate is a negotiable instrument (a document that promises payment) that can be used to: The new bill pays homage to the country’s public health system and features the portraits of doctors Cecilia Grierson, the country’s first female doctor, and Ramón Carrillo, the first health minister. The Central Bank said in a news release that while the process of digitizing payments is advancing, the 2,000-peso bill will “improve the functioning of ATMs and, at the same time, optimize the transport of cash.” People paying bills with wads of cash has become a common sight and ATMs regularly run out of money, particularly on weekends and holidays.Ī large sector of Argentina’s economy is informal so cash payments remain common. With an annual inflation rate that hit 109% in April, retail businesses and banks have been complaining about the difficulties of operating when the highest bill in circulation is of such little real value. Stringent capital controls mean that access to the official foreign exchange market is extremely limited, and the peso is worth far less in parallel markets. The new bank note is worth double the previous highest bill in circulation, but is still worth only $8.21 at the official exchange rate and $4.08 at black-market rates. BUENOS AIRES, Argentina (AP) - Argentina has put a new 2,000-peso bill into circulation as the country endures one of the world’s highest inflation rates that has decimated the value of the local currency.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |