Contact us
CALL US NOW 1-888-GOLD-160
(1-888-465-3160)

Fun on Friday: Busted!

  by    0   0

Did you hear about the Venezuelan nationals who got busted trying to smuggle $5 million worth of gold bars into the US through a Fort Lauderdale airport?

True story.

The duo had 230 pounds of gold stuffed into the nose of a private Cessna jet. Customs officials discovered a hidden compartment when they noticed some loose rivets on the nose and decided to take a closer look.

See — this is why I don’t commit crimes — well, besides the ethical and moral implications. I would almost certainly get caught like these guys.

I was always the kid who got caught. I mean, I’ll be honest, I was a pretty goody-goody kid. But whenever I did try to pull a fast one, I got busted.

Here’s an example. When I was a junior in high school, I faked a midterm grade. This was back in the day when teachers gave out paper midterm reports. On midterm day, you got one slip from each teacher. I was flunking Chemistry due to my failure to turn in several assignments. So, I managed to get my hands on a blank midterm report slip and I gave myself a C. Good plan, right? I had six weeks to make up the work and get my grade up. Nobody would be the wiser. It was a masterful forgery too. I did a perfect facsimile of the teacher’s signature.

And I got caught.

My mom called the school to find out why I was getting a C. When she found out that I was not, in fact, getting a C, I was failing, well, let’s just say it didn’t play out well for me.

That one was just bad luck. Really bad luck. Who’s mom calls the school for a C on a midterm? Mine apparently. But most of the time, I got caught because of my lack of attention to detail. You know; like not tightening the rivets on the nose of your airplane when you install the secret compartment to smuggle gold.

Anyway, customs officials found the 230 pounds of gold stash in the nose and arrested John Carlos Sanchez Rojas, 42, and Victor Fossi Grieco, 51. According to the report in the Sun Sentinal, the duo failed to declare the gold on their customs forms.

Sometimes little details like this in a news story amused me. Like anybody would expect gold hidden in a secret compartment in the nose of a plane to be declared on a customs form. This kind of goes without saying, right? But our intrepid reporter is nothing if not thorough.

At any rate, according to the Sun Sentinal, Grieco admitted he put the gold in the nose of the plane. And Rojas told investigators he obtained the yellow metal from various sources throughout Venezuela. He reportedly said he was transporting the gold, and was going to sell it and collect a fee for his efforts.

Now he’s in jail. Because he got busted.

So, I reiterate, this is why it’s not a good idea to smuggle gold or otherwise commit crimes. The payoff might seem lucrative, but the downside is pretty steep.

There is a better, much safer way to get gold. Call 1-888-GOLD-160 and talk to a SchiffGold precious metals specialist. They can hook you up and you don’t have to worry about making sure the rivets on the nose of your airplane are tight.

Fun on Friday is a weekly SchiffGold feature. We dig up some of the off-the-wall and off-beat stories relating to precious metals and the economy, and share them with you – with tongue firmly planted in cheek. Click here to read other posts in this series.

Get Peter Schiff’s key gold headlines in your inbox every week – click here – for a free subscription to his exclusive weekly email updates.
Interested in learning how to buy gold and buy silver?
Call 1-888-GOLD-160 and speak with a Precious Metals Specialist today!

Related Posts

Fun on Friday: Golden Music to My Ears

People spend a lot of money for headphones and earbuds. I totally get it. I’m a bit of an audiophile myself. There’s nothing like good music played through good-sounding headphones. But in my never-to-be-humble opinion, a lot of the high-end headphones are utter crap. This is because of the obsession with boosting the bass. Hey! […]

READ MORE →

Fun on Friday: And Epstein Didn’t Kill Himself

If you’re on social media, you’ve seen the memes. They all start with some interesting string of facts and end with “…and Epstein didn’t kill himself.” In case you’ve been under a rock, or just have better things to do than follow the news, Jeffrey Epstein was a well-connected financier and convicted pedophile. When I […]

READ MORE →

Fun on Friday: Treasure Hunting!

Since moving to Florida, I’ve been able to spend a little bit of time on the beach. It’s interesting watching what people pick up. You can kind of categorize people based on their haul of beach-combing treasures. First-timers to the beach will basically pick up anything. Broken cockle-shells are worthy of the newbies’ treasure bag, […]

READ MORE →

Fun on Friday: Romance Scam!

Fun on Friday is supposed to be, well, fun. But I also like to offer useful advice. So this week, I have a tip for you. If your boyfriend or girlfriend wants you to send them a bunch of money in order to help them sell gold, don’t do it. It’s a scam. Seriously. Just […]

READ MORE →

Fun on Friday: Silly Keynesians

I saw a tweet this week by Paul Krugman asserting, “What we do have is a persistent problem of weak demand; yes, we have full employment now, but only with extremely low interest rates, which means little ability to respond to the next downturn. This makes a strong case for a big government investment program.” […]

READ MORE →

Comments are closed.

Call Now