Fact #59 MoneyThe law

$300Mfictitious bond one sovereign citizen leader mailed to the US Treasury

A sovereign citizen group's self-proclaimed 'president,' who held nationwide seminars on paying debt with fake bonds, personally mailed a $300 million fictitious bond to the US Treasury.

James Timothy Turner was convicted on 10 counts and sentenced in 2013 to 18 years in federal prison, plus $26,021 in restitution to the IRS.

Source: ABA Journal · WSFA 12 News (Montgomery, Alabama). Read more: sovereign citizen debt elimination scam · case file

Sources

  1. Leader of sovereign citizens group gets 18-year sentence for tax fraud. ABA Journal. Accessed 2026-10-03.
  2. Sovereign Citizen's leader sentenced to prison for promoting tax fraud scheme. WSFA 12 News (Montgomery, Alabama). Accessed 2026-10-03.