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BBC
NEWS Friday, 14 December 2007
Man jailed over 14m fake £1 coins
Marcus Glindon, 37, from Enfield, north London, made 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 counterfeiting
the coins . . .
Of the estimated
14 million coins, 2.5 million were
completed while the remainder were left blank, due to be finished
off. It
is thought that at one stage he was making 10,000 to 12,000 coins
per day and was paid about £2,000 in cash a week by the two
men. The Royal Mint said it would be extremely difficult
for members of the public to differentiate between
legitimate coins and the fake ones Glindon had produced.
Contributed
by John James - T Register (1.1.08)
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