Ethiopia

11.10.09

How to Make Convincing Fake-Gold Bars

The "masterminds" behind the false-gold scandal at the Ethiopian central bank might not have gotten caught if they'd used Theo Gray's formula
By Theo Gray Posted 03.14.2008 at 11:37 am 18 Comments

On Wednesday, the BBC reported that millions of dollars in gold at the central bank of Ethiopia has turned out to be fake: What were supposed to be bars of solid gold turned out to be nothing more than gold-plated steel. They tried to sell the stuff to South Africa and it was sent back when the South Africans noticed this little problem.

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