Archive for August, 2009

Counterfeit Bills in Iowa City

Counterfeit currency in Cedar Rapids
Tuesday, August 4, 2009, 5:16 PM
By O.Kay Henderson

Officials say counterfeit money is circulating in the Cedar Rapids area.

In the past 11 days, Cedar Rapids Police have gotten eight different calls from businesses that have received counterfeit money as payment for goods or services. Police now have half a dozen five dollar bills, three ten dollar bills and one fifty dollar bill — all counterfeit. Cedar Rapids Police are going through video from surveillance cameras in some of the stores to try to track the transactions.

A Cedar Rapids police spokeswoman says this “funny money” doesn’t have the feel of real currency. The fake bills also lack the appropriate water marks.

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No One Is Safe From Counterfeit Bills

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We just got an email alert from SFPD’s Northern Station, saying that on last Friday, they were called to the Geary-around-Fillmore area, because:

The victim had sold her extra concert ticket to the suspect for twenty dollars. The victim then went to pay for a cocktail with the twenty dollar bill. The bartender, much to the victims surprise, told her it was counterfeit. Security contacted the police and the victim was able to identify the suspect who was still outside. The suspect was placed under arrest. The suspect was booked but it may be possible that there are others that worked with the suspect who are trying to pass counterfeit money in the area.

This is an interesting coincidence, because one other thing we’ve been thinking about today (thanks to SF Citizen), is lawyer Rodel Rodis’ claim reiterated last week that then-Supervisor Gavin Newsom told him that

when he was still in the private sector when he brought the daily earnings of his restaurant (Balboa CafĂ©) to the bank to deposit. He said the teller began counting the money and applied a counterfeit detector pen to a $100 bill which she found suspicious. The result confirmed that it was fake…

“So what happened next?” I asked Newsom. “Well, she returned the $100 bill to me and told me to be careful next time,” he answered.

As SF Citizen points out, it’s pretty hard to believe that a teller would just hand a fake 100 back to someone trying to pass it with a friendly warning — and the alert from Northern Station would seem to confirm that, when it comes to fake money, folks do not screw around.

So, was Rodis misrepresenting his exchange with the Man Who Would Be Mayor? Or did the then-Supe Newsom offer Rodis a prevarication in order to make some sort of point?

Sadly, we don’t have that answer for you today: Nate Ballard, who speaks for the Mayor, politely refused to comment on Rodis’ claims.

But, seriously, folks, look out for fake bills — clearly, they’re out there, and something tells us that passing one accidentally or on purpose will get you more hassle than a “be careful next time.”

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According to the secret service-

“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. ”

It can very well be a hassle to end up with fake money. Especially now days with a bad economy and unemployment rate of 9.5, that is driving people to do whatever they can to make money- even to the extent of breaking the law.

We highly recommend you to get a counterfeit detector . There really isn’t a better way to keep your money safe these days , unless you work for the secret service maybe?

Two People Arrested in Connection with Counterfeit Money

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Chippewa County (WQOW)-Eau Claire Police and the Lake Hallie Police Department arrest two people they say are linked to counterfeit money operations.

Eau Claire detectives say they gathered information that showed Spikes, and Reiacki, had produced U.S. Currency and distributed the currency at businesses in Chippewa and Eau Claire Counties. Items seized today during a search of their home confirmed that reproducing of currency had taken place. Two adults were taken into custody.

Spikes and Reiacki were arrested and taken to the Eau Claire County jail.

Police say they also seized marijuana and numerous items of drug paraphernalia during the search. Charges related to those items will be referred to the Chippewa County District Attorney’s Office.

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