Friday, August 26, 2016

US Department of Justice settles with accused counterfeiters

See part 1


Real or fake US coins?
Photo: FORMERFEDSGROUP.COM via blogs.wsj.com

Joe Palazzolo, writing for Wall Street Journal blogs, reports that the United States Justice Department has settled with three scrap metal importers.

The importers had been accused of sending counterfeit coins with a face value in the millions of dollars to the US mint for reimbursement through the mint’s Mutilated Coin Redemption Program.

The settlement terms were not disclosed. The Justice Department had wanted five million dollars and a Porsche.

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