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Do you ever watch "America's Most Wanted"? I do, and one of my favorite features is when they provide an update on a previous story. It is always great to know the criminal is captured and justice is served! I just love a happy ending. This is a follow-up to a story we published in our January 2009 issue entitled "Bonded Promissory Note." The story explained how Dennis Hardin tried to purchase a property using a Bonded Promissory Note.

Through the years Hardin had a few altercations with the law. He became fed up with the legal system and started to read up on the history of our Country, the law and the Constitution. His research led him to renounce his citizenship to the United States. Instead he claims he is an American Citizen and, through this citizenship, established the Private Bank of Denny Ray Hardin. His bank specializes in only one form of currency, Bonded Promissory Notes, which are not even worth the paper they are written on. Hardin issued them to creditors to pay off debts he and his customers owed. This is what got him into trouble.

Hardin issued more than 2,000 Bonded Promissory Notes in the amount of $100 million between September 2008 and September 2009. He charged his bank customers $100 or more per note. On Wednesday, Sept. 14, 2011 he was found guilty of 11 counts of creating false obligations and 10 counts of mail fraud. His bank is now bankrupt and he faces up to 30 years in federal prison without parole. Each of the counts also carries a maximum fine of $250,000. In the end, justice does prevail.

 
 
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