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XVP: Counterfeit Casino Tokens

The History Channel last night had a program about a guy who made his
own casino tokens ... very interesting (Breaking Vegas: The
Counterfeit King).

He was a professional jeweler and spent over $100,000 on
equipment. His $10, $25, and $100 tokens were so good most remain in
circulation to this day. The casinos became aware of the problem
when they coin inventories began to increas. He made tokens
for virtually every casino in LV, Reno, and Atlantic City (plus
Foxwoods).

But he was eventually caught, and spent 24 months in a federal
prison. Later he bacame a paid consultant for the US Mint.

Interesting. Did it say how they traced the increase in their
inventory back to him?

carlos

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--- In vpFREE@yahoogroups.com, "brumar_lv" <brumar_lv@y...> wrote:

The History Channel last night had a program about a guy who made his
own casino tokens ... very interesting (Breaking Vegas: The
Counterfeit King).

He was a professional jeweler and spent over $100,000 on
equipment. His $10, $25, and $100 tokens were so good most remain in
circulation to this day. The casinos became aware of the problem
when they coin inventories began to increas. He made tokens
for virtually every casino in LV, Reno, and Atlantic City (plus
Foxwoods).

But he was eventually caught, and spent 24 months in a federal
prison. Later he bacame a paid consultant for the US Mint.

I missed the end- was a great show (if a tad cheesy acting in
the "re-creation" bits). So thnx brumar for the ending.

The tip-off was when they studied a tape of the high roller area at
one place, saw him play 3 $10 coins, the machine malfunctioned, and
he WALKED AWAY, rather than do what 99% of patrons do and complain
to an attendant to get your $30 back. So they got a visual of his
face. A detective working for gaming took it upon himself to hunt
this guy down like a dog, he happened to see him in person while
walking thru the area at one point... (this is the part I missed...)

I liked how the counterfeiter had to match the special marks near or
on the coin edge, plus try to match the alloy which he couldn't do
exactly, as the alloys matched British coinage of some sort, so they
were protected in the industry.

the quick, free reply.

~MARK

--- carlos wrote:

Interesting. Did it say how they traced the increase in their
inventory back to him?

carlos

> He was a professional jeweler and spent over $100,000 on
> equipment. His $10, $25, and $100 tokens were so good most
> remain in circulation to this day. The casinos became aware of
> the problem when they coin inventories began to increas. He

made

···

> tokens for virtually every casino in LV, Reno, and Atlantic City
> (plus Foxwoods).
>
> But he was eventually caught, and spent 24 months in a federal
> prison. Later he bacame a paid consultant for the US Mint.