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Counterfeit Coins Importer Sentenced To 10½ Years In Prison

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 Posted 01/29/2020  5:13 pm Show Profile   Bookmark this topic Add CCFPress to your friends list Get a Link to this Message Number of Subscribers
Professional Numismatists Guild - (Camden, NJ) January 29, 2020 - A federal court judge in Camden, New Jersey has sentenced admitted counterfeit coins importer, Johnathan A. Kirschner, 35, of Moorestown, New Jersey, to 10½ years in prison. After being alerted by members of the Anti-Counterfeiting Educational Foundation about the sale of counterfeit coins to unsuspecting buyers, investigators discovered and confiscated at Kirschner's home fake gold and silver coins and bogus ingots that would have been worth more than $46 million if they were genuine, according to ACEF.

Foundation experts also provided ongoing expert assistance to the U.S. Attorney's office and the U.S. Department of Homeland Security during the investigation.

In addition to admitting he imported, possessed and sold counterfeit coins, Kirschner admitted he falsely impersonated an agent of the U.S. Bureau of Alcohol, Tobacco, Firearms, and Explosives (ATF).

His sentencing was delayed nearly a year as U.S. District Court Judge Robert B. Kugler received and considered comments from victims, including a dozen sovereign Mints, private mints, and grading services, according to Doug Davis, ACEF Director of Anti-Counterfeiting.

Read the entire article.
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GrapeCollects's Avatar
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 Posted 01/29/2020  6:28 pm  Show Profile   Bookmark this reply Add GrapeCollects to your friends list Get a Link to this Reply

Counterfeit-Coins-Importer-Sentenced-To-10½-Years-In-Prison

I did censor it, please don't give me a vacation
Edited by GrapeCollects
01/29/2020 6:29 pm
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hfjacinto's Avatar
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 Posted 01/29/2020  7:14 pm  Show Profile   Bookmark this reply Add hfjacinto to your friends list Get a Link to this Reply
He is from NJ, don't trust people from NJ ;)
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 Posted 01/29/2020  7:27 pm  Show Profile   Bookmark this reply Add Yokozuna to your friends list Get a Link to this Reply
hfjacinto said...

Quote:
He is from NJ, don't trust people from NJ ;)


HEY!

Oh, wait... I'm FROM Texas. I just live in New Jersey.
ANA ID: 3203813 - CONECA ID: N-5637 Clean a coin that may be worth collecting? Please DON'T! When in doubt, leave it dirty!!
Counterfeit-Coins-Importer-Sentenced-To-10½-Years-In-Prison


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 Posted 01/29/2020  8:57 pm  Show Profile   Bookmark this reply Add DeputyMax to your friends list Get a Link to this Reply
He's lucky he wasn't around during George Washington's time, Here's how he dealt with counterfeiters (from wikipedia)....

"David Farnsworth was a Colonial-era American Loyalist. He was a British agent during the American Revolutionary War. George Washington had him hanged for his involvement in a plot to destroy the American economy by placing counterfeit money into circulation."
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 Posted 01/29/2020  9:31 pm  Show Profile   Bookmark this reply Add bobby131313 to your friends list Get a Link to this Reply

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 Posted 01/29/2020  9:36 pm  Show Profile   Bookmark this reply Add Spence to your friends list Get a Link to this Reply

Quote:
The lengthy sentence is a major victory


A good start, but hopefully he has to make all his previous customers whole again.
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I'm glad to see him get the long sentence, but my guess is the length of the sentence is more for impersonating a Federal Agent, than for selling counterfeits. Of course the judge did spend the years time between the conviction and the sentencing interviewing his victims so maybe the counterfeiting did help with the long sentence.

Hopefully this will lead to more sellers being convicted and this sentence being viewed as a precedent, Maybe a few long sentences will convince people it isn't worth importing Chinese fakes.
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 Posted 01/31/2020  11:02 am  Show Profile   Bookmark this reply Add tdziemia to your friends list Get a Link to this Reply
Maximum penalty for impersonating a federal agent is 3 years, so most of this was for the sale of counterfeits (yay!).

I did also notice this phrase in the full article:
Quote:
grading service holder components

So presumably this guy was also committing fraud.

Nice to see the proprietor of one of the LCS (if you could call it that) in my former neighborhood was instrumental in bringing this guy down.
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