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Financial Crimes and Fraud Offenses involving fraudulent financial transactions, embezzlement, forgery, insurance fraud, and misuse of checks and credit cards.

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Old 04-30-2009, 05:26 PM
Meneks Meneks is offline
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Default Counterfeit Money
Just today my friend got arrested from school because he was somehow many counterfeit money from home...
I don't know how hes been doing it but i heard he was arrested because of it...
I'm guessing he was using it alot in school and the officials have caught on to his act.
Anyway I would like to know the consequences or what might happen to him because of this..
Any info on the matter would be greatly appreciated, thanks
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Old 04-30-2009, 07:19 PM
mmmagique mmmagique is offline
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Default Re: Counterfeit Money
Tell him to expect a call from the federal government. They don't take these things lightly.
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Old 04-30-2009, 07:38 PM
525601minutes 525601minutes is offline
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Arrow Re: Counterfeit Money
From the website of the US Secret Service

"Manufacturing counterfeit United States currency or altering genuine currency to increase its value is a violation of Title 18, Section 471 of the United States Code and is punishable by a fine or imprisonment for up to 15 years, or both.

Possession of counterfeit United States obligations with fraudulent intent is a violation of Title 18, Section 472 of the United States Code and is punishable by a fine or imprisonment for up to 15 years, or both.

Anyone who manufactures a counterfeit U.S. coin in any denomination above five cents is subject to the same penalties as all other counterfeiters. Anyone who alters a genuine coin to increase its numismatic value is in violation of Title 18, Section 331 of the United States Code, which is punishable by a fine or imprisonment for up to five years, or both.

Forging, altering, or trafficking in United States Government checks, bonds or other obligations is a violation of Title 18, Section 510 of the United States Code and is punishable by a fine or imprisonment for up to 10 years, or both.

Printed reproductions, including photographs of paper currency, checks, bonds, postage stamps, revenue stamps, and securities of the United States and foreign governments (except under the conditions previously listed) are violations of Title 18, Section 474 of the United States Code. Violations are punishable by a fine or imprisonment for up to 15 years, or both."
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Old 04-30-2009, 09:23 PM
mmmagique mmmagique is offline
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Default Re: Counterfeit Money
Years ago I knew someone who did that, and he was visited by the Secret Service.
I think he quit after that.
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Old 05-01-2009, 09:17 AM
BOR BOR is offline
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Default Re: Counterfeit Money
He could face state charges also.
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