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UK Man jailed over 14m fake 1 pound coins


willieboyd2

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:ninja: UK Man jailed over 14m fake 1 pound coins

 

BBC, Friday, 14 December 2007, 14:35 GMT

 

A counterfeiter who produced fake 1 pound coins with an estimated total

value of 14m, has been jailed for five years.

 

Marcus Glindon, 37, from Enfield, north London, made the coins over

seven years from a workshop near his home.

 

When officers raided his home and nearby business, MG Engineering, in

March they found machines used to manufacture coins and counterfeit

dies.

 

Glindon admitted five counts relating to counterfeiting the coins at

Wood Green Crown Court.

 

Glindon was caught after an anonymous tip-off alerted police. He was

arrested and charged two days later.

 

He said that he worked mainly alone, producing coins for two men.

 

http://news.bbc.co.uk/1/hi/england/london/7144549.stm

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The sentence does seem light by comparison to what such a felonious pursuit would have attained in the USA.

 

These forgeries sound like they were better than the previous types which were plated lead blanks, which were good for one use only, then if they got scratched the lead showed through. I have one of those that a friend in Scotland sent me a few years ago.

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