Customs Finds $134 Billion in a Suitcase (Spiegel)

It is either the biggest smuggling operation in history -- or a fraud of equally impressive proportions. Italian customs officials stopped two men at the Swiss border carrying bonds worth $134 billion (95.8 billion euros).

Italian customs officers on the Swiss border often stop smugglers -- but not of this scale. Two Japanese citizens have been detained by Italian police in Chiasso on the Swiss-Italian border after being found with $134 billion of US bonds hidden in the base of their suitcase, according to a press statement by the Italian Guardia di Finanza.


Read more