Friday, August 8, 2008

 

A mysterious exchanging of money
by Petra Kamenicka

Several recent exchanging of destroyed and buried money made investigators suspicious. Huge amounts of money usually arrive in armored truck or in shipping container. Arriving into a branch of some bank with enormous amount of money in pocket is suspicious. Banking habits and transactions of Franz Felhaber are suspicious for a longer time. In recent years, he requested in several local banks exchanging tens of thousands buried dollars. It is always the same. He keeps bringing 100$ bills from 70s and 80s. The bills are in a bad condition and the story is changing. He told investigators, that it was an inheritance, somebody dug a tree and found it, it was buried in alfalfa field or a relative found a map that led to treasure. Felhaber arrived into several local banks in El Paso, with his relatives or without them, and asked employees to exchange dirty old money for clean. There is a suspicion, that he used false identity, when he introduced him as Ken Motley. Ken Motley was bearing a resemblance to Fehlaber. When some bank employees saw a picture of Felhaer, they told it was Motley.
Exchanging destroyed money for new is usual. Tens of thousands transactions are routine every year. But there are some signs that immediately catch an attention of investigators. Making a series of smaller exchanges or bringing money form abroad are among them.
Fehlaber was interviewed by investigators in October 2005. He was hesitating about some details and he was changing his statements. After being interviewed, in January 2006 he changed his strategy.


related story: http://www.boston.com/news/nation/washington/articles/2008/07/28/ap_impact_buried_loot_a_mystery_for_authorities/?rss_id=Boston.com+--+Latest+news

by Petra Kamenicka
for PocketNews (http://pocketnews.tv)

PocketNews is a new real-time news broadcaster delivering the latest and hottest news right to your pocket ! With global clients who want to be kept up to date, PocketNews is everyone's way of keeping in touch with the World.<br><br><font size=2>These news are original content from young talents around the world and are selected for you by Chris Cantell.</font><br>

edited by Beata Biskova

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