Louis colavecchio counterfeiter dead
"it's like having access to the U.S. Mint on the weekend, printing your money and leaving," mr.
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Louis colavecchio counterfeiter dead
The new york times published an obituary of counterfeiter louis colavecchio -editor
His red honda, loaded up with nearly 800 pounds of high-quality counterfeit slot machine tokens, had easily made its way into the casino's parking garage because of modifications to its trunk. But a new jersey trooper's buick cruiser, now hauling the bogus tokens in its trunk, was not so lucky.
Sagging under the weight of the coins, the rear of the police car dropped when it hit a speed bump, and its muffler and tailpipe were knocked off. As he recalled in his memoir, "you thought it was more: adventures of the world's greatest counterfeiter" (2015), mr. Colavecchio, riding in the back seat, chuckled at the trooper's misfortune.
For mr. Colavecchio, a craftsman and former jewelry maker, there was nothing more thrilling than creating counterfeit slot machine coins. The coins he made were so detailed that even federal officials and casino workers found it challenging to distinguish his fakes from legitimate ones under a microscope.
Casino officials were often too embarrassed to admit that they had been swindled by mr. Colavecchio, said franz douskey, his friend and the other co-author of his memoir. He was barred from every casino in the country, the associated press reported. Nonetheless, he had disguises that he used to outwit pursuers.
Though available court records give an incomplete picture, they show that over the decades mr. Colavecchio faced a series of charges, including bank, mortgage and insurance fraud. But counterfeiting was his calling card.
In 1997, he was sentenced to 27 months in prison for his phony casino coins. In 2019, he was sentenced to 15 months, this time for producing thousands of counterfeit $100 bills.
"they call it a correctional institute, but they didn't correct him," mr. Douskey said in a phone interview.
All of mr. Colavecchio's work was meticulous. He could toil alone under microscopes for days, filled by a desire to trick the federal government and the casinos. He would not brook the possibility of an error; each die had to be perfect.
"making counterfeit items must have appealed to me in some way that I didn't understand," mr. Colavecchio wrote in his book.
Mr. Colavecchio perfected his illicit craft over about four years, mr. Longo said, making thousands of chips and slot tokens for 36 casinos. At one point, the treasury department even sought his expertise. According to court records, the department paid him $18,000 after he was released from federal prison in 2000 because his manufacturing dies had outlasted those of the U.S. Mint.
His tokens were masterly because he crushed the originals and got the exact breakdown of their composition, mr. Longo said. Mr. Colavecchio purchased the material, bought a press and, using a laser-cutting die, made molds and copies.
"it's like having access to the U.S. Mint on the weekend, printing your money and leaving," mr. Longo said.
To read the complete article, see:
louis colavecchio, master counterfeiter, is dead at 78 (https://www.Nytimes.Com/2020/07/13/us/louis-colavecchio-dead.Html)
To read earlier E-sylum articles, see:
COUNTERFEIT KING'S COIN PRESS TO BE AUCTIONED (https://www.Coinbooks.Org/esylum_v11n38a27.Html)
COUNTERFEIT KING'S HISTORY CHANNEL SEGMENT (https://www.Coinbooks.Org/esylum_v11n39a15.Html)
The numismatic bibliomania society is a non-profit organization promoting numismatic literature. See our web site at coinbooks.Org.
To submit items for publication in the E-sylum, write to the editor at this address: whomren@gmail.Com
Copyright © 1998 - 2012 the numismatic bibliomania society (NBS)
all rights reserved.
Louis colavecchio, master counterfeiter, is dead at 78
For those who bought a press from louis colavecchio, and participated in the discussion, his obituary is at https://www.Nytimes.Com/2020/07/13/us/louis-colavecchio-dead.Html .
If memory serves correctly, there is a hydroponic marijuana growing operation, drug bust and some amateur printers swindled out of their pilot press money missing from the tale as it is told here. Maybe the rap sheet was just too long.
RIP , lou. No doubt it was a wild ride!
Another customer bites the dust. He actually paid me money that was good for buying some press parts when his press swindle was going on. I even talked with him several times before he was uncovered. I remember that the first, and only, press that he built was beautifully done, the only trouble was that as I recall it was mostly made out of plastic.He used a different last name but it escapes me now. A lot of folks were excited about getting a brand new pilot. Alas, it was all a sham.
We made a deal with louis years ago for a kelsey lever. As I recall the price rose twice before it was actually shipped. Yep, he got the better of us. He was slippery. Terri picked up on it immediately. Me not so much as I give folks the benefit of the doubt… most of the time.
RIP lou,
tom & terri
I provided moral support and some guidance for a wonderful gal that took him to court over never delivering on that new press. If I recall correctly, she gave him a $1200 deposit and never saw a thing. He didn’t show for the first court appearance and made excuse after excuse to the judge in subsequent hearings. She eventually won her case, but, she never received any money. John barrett had a press on display from another distraught “customer of louis” that louis restored into a state of completely non function. Pretty, but, not functional. Ink disk sanded into a convex shape, new hardware store bolts with heads too high for the press to even cycle. Many girls (mostly) were taken advantage of by this guy. He may have restored and sold some presses in the beginning that were fine, but, he also created horror story after horror story and was not good for the letterpress community. As a press restorer myself, I dealt with many of his victims. I will not miss him.
I remember when he showed up with the plastic pilot prototype. People were very excited, but of course, it was too good to be true. We’ll see if his co-conspirator on that venture chimes in, or if he is satisfied with disparaging those that called the bluff from afar.
It sounds as if lou couldn’t help himself to the very end.
Louis colavecchio, master counterfeiter, is dead at 78
A former jewelry maker, he crafted fake slot machine coins that even officials had a hard time telling from legitimate ones under a microscope.
In 1996, just after he was arrested by secret service agents and new jersey gaming troopers at caesars palace in atlantic city, louis colavecchio laughed.
His red honda, loaded up with nearly 800 pounds of high-quality counterfeit slot machine tokens, had easily made its way into the casino’s parking garage because of modifications to its trunk. But a new jersey trooper’s buick cruiser, now hauling the bogus tokens in its trunk, was not so lucky.
Sagging under the weight of the coins, the rear of the police car dropped when it hit a speed bump, and its muffler and tailpipe were knocked off. As he recalled in his memoir, “you thought it was more: adventures of the world’s greatest counterfeiter” (2015), mr. Colavecchio, riding in the back seat, chuckled at the trooper’s misfortune.
For mr. Colavecchio, who was known as “the coin,” it was one in a string of adventures, misadventures and criminal enterprises that drew the attention of law enforcement and the disdain of casinos everywhere — and one that started an unlikely friendship with a police investigator.
Mr. Colavecchio died on july 6 at 78 at the home of his daughter, susan taglianetti, in cranston, R.I. Andy thibault, his friend and a co-author of the memoir, confirmed the death. He did not give a cause, but mr. Colavecchio had been under hospice care, and court records showed that he had dementia, chronic obstructive pulmonary disease and hypertension.
He died only a few weeks after a federal judge had granted him compassionate release from the federal medical center in butner, N.C., a prison for inmates with special health needs. He had been serving a 15-month sentence for a counterfeiting conviction.
For mr. Colavecchio, a craftsman and former jewelry maker, there was nothing more thrilling than creating counterfeit slot machine coins. The coins he made were so detailed that even federal officials and casino workers found it challenging to distinguish his fakes from legitimate ones under a microscope.
“he was charming,” mr. Thibault said. “and I perceived him to be a real person, although I didn’t know the totality of louis.”
Mr. Colavecchio was born on jan. 1, 1942, and spent part of his early life in warwick, R.I., his childhood friend, mary ann sorrentino, wrote in an opinion article in the providence journal. He graduated from providence college in 1964 with a degree in business administration, the journal reported. Court records show that in september 2015 he enrolled at the community college of rhode island.
He grew up with a sister and a brother who became a jesuit missionary, ms. Sorrentino wrote. (information about survivors was not immediately available.)
Casino officials were often too embarrassed to admit that they had been swindled by mr. Colavecchio, said franz douskey, his friend and the other co-author of his memoir. He was barred from every casino in the country, the associated press reported. Nonetheless, he had disguises that he used to outwit pursuers.
Though available court records give an incomplete picture, they show that over the decades mr. Colavecchio faced a series of charges, including bank, mortgage and insurance fraud. But counterfeiting was his calling card.
In 1997, he was sentenced to 27 months in prison for his phony casino coins. In 2019, he was sentenced to 15 months, this time for producing thousands of counterfeit $100 bills.
“they call it a correctional institute, but they didn’t correct him,” mr. Douskey said in a phone interview.
All of mr. Colavecchio’s work was meticulous. He could toil alone under microscopes for days, filled by a desire to trick the federal government and the casinos. He would not brook the possibility of an error; each die had to be perfect.
“making counterfeit items must have appealed to me in some way that I didn’t understand,” mr. Colavecchio wrote in his book.
“just because he thought he could,” jerry longo, a retired connecticut state police sergeant, said.
Mr. Colavecchio perfected his illicit craft over about four years, mr. Longo said, making thousands of chips and slot tokens for 36 casinos. At one point, the treasury department even sought his expertise. According to court records, the department paid him $18,000 after he was released from federal prison in 2000 because his manufacturing dies had outlasted those of the U.S. Mint.
Federal officials can only guess how much mr. Colavecchio swindled from the casinos, but it was probably several million dollars, based on the number of tokens produced and average slot payouts, mr. Longo said.
He recalled that as he was investigating mr. Colavecchio, he could see, from his office in meriden, conn., the industrial complex where mr. Colavecchio bought materials for his coins.
His tokens were masterly because he crushed the originals and got the exact breakdown of their composition, mr. Longo said. Mr. Colavecchio purchased the material, bought a press and, using a laser-cutting die, made molds and copies.
“it’s like having access to the U.S. Mint on the weekend, printing your money and leaving,” mr. Longo said.
Mr. Longo said he befriended him after mr. Colavecchio had turned himself in to the state police. Mr. Colavecchio, he recalled, came with his lawyer, thinking that he was going to be thrown against the wall as news reporters watched.
Instead, they had doughnuts.
“you like doughnuts? I like doughnuts. Let’s have a doughnut and talk,” mr. Longo recalled telling mr. Colavecchio.
He said he fingerprinted him and handed him doughnuts and coffee.
Mr. Colavecchio later sent mr. Longo a christmas card. “merry christmas,” he wrote. “you were one of the good guys.”
The two became closer during a college tour to promote mr. Colavecchio’s book. Mr. Longo wrote the foreword. The relationship, he said, was like that of two high school classmates catching up with each other years later.
“I knew he wasn’t going to give up his lifestyle,” mr. Longo said. “and I wasn’t either.”
Louis colavecchio, master counterfeiter of slot machine coins, dies at 78
In 1996, just after louis colavecchio was arrested by secret service agents and new jersey gaming troopers at caesars palace in atlantic city, he laughed.
His red honda, loaded up with nearly 800 pounds of high-quality counterfeit slot machine tokens, had easily made its way into the casino’s winding parking garage because of modifications to its trunk.
The buick of a new jersey trooper, with the bogus tokens hauled into its trunk by the secret service, was not so lucky.
Under the weight of the coins, the rear of the car dropped when it hit a speed bump, knocking off its muffler and tailpipe, mr. Colavecchio recalled in his memoir, “you thought it was more: adventures of the world’s greatest counterfeiter.” he chuckled at the trooper’s misfortune from the back of the police car.
For mr. Colavecchio, who was known as “the coin,” it was one in a string of adventures, misadventures and criminal enterprises that drew the attention of law enforcement and the disdain of casinos everywhere, and started an unlikely friendship with a police investigator.
Mr. Colavecchio, 78, died at his daughter’s home in cranston, R.I., on july 6, his friend and a co-author of his memoir, andy thibault, said sunday.
A cause of death was not immediately available but he had been under hospice care, and court records showed he had several health conditions, including dementia, chronic obstructive pulmonary disease and hypertension.
He died only a few weeks after a federal judge granted him compassionate release from prison, where he was serving a 15-month sentence for a counterfeiting conviction. Details about survivors were not immediately available; his family declined to comment.
For mr. Colavecchio, a craftsman and former jewelry maker, there was nothing more thrilling than creating counterfeit slot machine coins, which were so detailed that even federal officials and casino workers found it challenging to distinguish his fakes from legitimate ones under a microscope.
“he was charming,” mr. Thibault said. “and I perceived him to be a real person, although I didn’t know the totality of louis.”
Mr. Colavecchio, who was born on jan. 1, 1942, spent part of his early life in warwick, R.I., his childhood friend, mary ann sorrentino, wrote in an opinion article in the providence journal. He graduated from providence college in 1964 with a degree in business administration, the journal reported. In september 2015, he enrolled at the community college of rhode island, court records show.
He grew up with a sister and a brother, who later became a jesuit missionary, ms. Sorrentino wrote.
Casino officials were often too embarrassed to admit they were swindled by mr. Colavecchio, said franz douskey, his friend and co-author. He was barred from every casino in the country, the associated press reported. Nonetheless, he had disguises, labeled in boxes and bins with the names of different casinos, that he used to fake his own appearance and outwit pursuers.
Though available court records give an incomplete picture, they show that, over the decades, mr. Colavecchio faced a series of charges that included bank, mortgage and insurance fraud.
But counterfeiting was his calling card.
In 1997, he was sentenced to 27 months in prison for his phony casino coins, and in 2019, he was sentenced to 15 months, this time for producing thousands of counterfeit $100 bills.
“they call it a correctional institute but they didn’t correct him,” mr. Douskey said in an interview.
All of his work was meticulous, intelligent and done with a keen focus. He could toil alone under microscopes for days, spurred by a desire to trick the federal government and the casinos.
He never wanted the possibility of an error — each die had to be perfect.
“making counterfeit items must have appealed to me in some way that I didn’t understand,” mr. Colavecchio wrote in his book.
And he did it just for kicks.
“just because he thought he could,” jerry longo, a retired connecticut state police sergeant, said on sunday.
Over about four years, mr. Colavecchio perfected his craft, mr. Longo said, making thousands of chips and slot tokens for 36 casinos.
At one point, the U.S. Treasury department even sought his expertise, paying him $18,000 after he was released from federal prison in 2000, because his manufacturing dies outlasted those of the U.S. Mint, according to court records.
Federal officials can only guess how much mr. Colavecchio swindled from the casinos, but it was probably several million dollars, based on the number of tokens produced and average slot payouts, mr. Longo said.
He recalled that as he was investigating mr. Colavecchio, he could see an industrial complex from his office in meriden, conn. It turned out that mr. Colavecchio drove there to buy materials for his coins.
His tokens were masterful because he crushed the originals and got the exact breakdown of their composition, mr. Longo said. Mr. Colavecchio purchased the material, bought a press and, using a laser-cutting die, made molds and copies.
“it’s like having access to the U.S. Mint on the weekend, printing your money and leaving,” mr. Longo said.
He said he developed a friendship with mr. Colavecchio after he turned himself in to the state police. Mr. Colavecchio came with his lawyer, thinking that he was going to be thrown against the wall as news reporters watched, mr. Longo said.
Instead, they had doughnuts.
“you like doughnuts? I like doughnuts. Let’s have a doughnut and talk,” mr. Longo said he told mr. Colavecchio.
He said he fingerprinted mr. Colavecchio and handed him doughnuts and coffee.
Mr. Colavecchio later sent mr. Longo a christmas card at his office. “merry christmas,” he wrote. “you were one of the good guys.”
The two became closer during a college tour to promote mr. Colavecchio’s book — mr. Longo wrote the foreword.
The relationship was like two high school classmates catching up with each other years later, he said.
“I knew he wasn’t going to give up his lifestyle,” mr. Longo said. “and I wasn’t either.”
Louis colavecchio death | louis colavecchio dead – obituary
Louis colavecchio death | passed away | obituary
Louis colavecchio death – dead: A great loss was made known to insideeko. As friends and families of the deceased are mourning the passing of their loved and cherished louis colavecchio.
Having heard about this great loss, the family of this individual is passing through pains, mourning the unexpected passing of their beloved.
This departure was confirmed through social media posts made by twitter users who pour out tributes, and condolences to the family of the deceased.
WORLD’S GREATEST COUNTERFEITER
infamous counterfeiter recently released from prison dies
PROVIDENCE, R.I. (AP) — A rhode island man who proclaimed himself the “world’s greatest counterfeiter” has died just weeks after his release from his latest prison sentence.
The providence journal reports louis “the coin” colavecchio died monday in hospice care after dealing with a range of ailments, including dementia and chronic obstructive pulmonary disease. He was 78.
“if he used the amount of ingenuity and knowledge he had for good, he could have been a millionaire and changed people’s lives,” former rhode island state police col. Steven O’donnell told the newspaper.
Colavecchio, a north providence native and providence college graduate, was infamously banned at nearly every casino in america for counterfeiting gambling tokens.
He was released from federal prison in north carolina in late may after being sentenced to 15 months for producing counterfeit $100 bills last year.
Colavecchio frustrated casinos for years with counterfeit slot machine tokens. He was arrested at caesars atlantic city in 1996 with 800 pounds (360 kilograms) of the fake tokens. His 2015 autobiography, “you thought it was more, adventures of the world’s greatest counterfeiter,” details his exploits.
During his sentencing in providence federal court last year, colavecchio said he was attending community college and still believed he could “do some good” for society.
Connecticut state police detective sergeant (retired) jerry longo and journalist andy thibault will discuss the career and memoir of louis the coin colavecchio tuesday, oct. 6, 2020 at 6:30 p.M. At the morris public library, 4 north st., morris, CT
Colavecchio, had pleaded guilty to creating counterfeit $100 bills at his apartment in pawtucket, RI.
Longo had arrested colavecchio in a prior case in which the coin had manufactured and used undetectable $100 slot machine tokens at casinos in connecticut, new jersey and nevada. They subsequently became friends and appeared together at gateway community college in new haven and western connecticut state university in danbury.
Louis colavecchio passed away on july 6, 2020, at the age of 78, just weeks after compassionate release from federal prison.
Thibault, city editor for the republican-american in waterbury and a private investigator, collaborated with colavecchio and gateway professor franz douskey to write the memoir, “you thought it was more – adventures of the world’s greatest counterfeiter, louis the coin.”
Longo wrote the book’s introduction. He is now a senior investigator for a major casino and chairman of the connecticut state police museum in meriden. A portion of royalties from the memoir is being donated to the restoration of a 1941 police cruiser at the museum. Direct donations can be mailed to: CSPAAAMEC P.O. Box 1945 meriden, CT 06450-0899 notation: garage or 41 project.
Louis colavecchio passed away on july 6, 2020, at the age of 78, just weeks after compassionate release from federal prison.
We are still working on getting more details about the death, as family statement on the death is yet to be released.
Louis colavecchio counterfeiter dead
The new york times published an obituary of counterfeiter louis colavecchio -editor
His red honda, loaded up with nearly 800 pounds of high-quality counterfeit slot machine tokens, had easily made its way into the casino's parking garage because of modifications to its trunk. But a new jersey trooper's buick cruiser, now hauling the bogus tokens in its trunk, was not so lucky.
Sagging under the weight of the coins, the rear of the police car dropped when it hit a speed bump, and its muffler and tailpipe were knocked off. As he recalled in his memoir, "you thought it was more: adventures of the world's greatest counterfeiter" (2015), mr. Colavecchio, riding in the back seat, chuckled at the trooper's misfortune.
For mr. Colavecchio, a craftsman and former jewelry maker, there was nothing more thrilling than creating counterfeit slot machine coins. The coins he made were so detailed that even federal officials and casino workers found it challenging to distinguish his fakes from legitimate ones under a microscope.
Casino officials were often too embarrassed to admit that they had been swindled by mr. Colavecchio, said franz douskey, his friend and the other co-author of his memoir. He was barred from every casino in the country, the associated press reported. Nonetheless, he had disguises that he used to outwit pursuers.
Though available court records give an incomplete picture, they show that over the decades mr. Colavecchio faced a series of charges, including bank, mortgage and insurance fraud. But counterfeiting was his calling card.
In 1997, he was sentenced to 27 months in prison for his phony casino coins. In 2019, he was sentenced to 15 months, this time for producing thousands of counterfeit $100 bills.
"they call it a correctional institute, but they didn't correct him," mr. Douskey said in a phone interview.
All of mr. Colavecchio's work was meticulous. He could toil alone under microscopes for days, filled by a desire to trick the federal government and the casinos. He would not brook the possibility of an error; each die had to be perfect.
"making counterfeit items must have appealed to me in some way that I didn't understand," mr. Colavecchio wrote in his book.
Mr. Colavecchio perfected his illicit craft over about four years, mr. Longo said, making thousands of chips and slot tokens for 36 casinos. At one point, the treasury department even sought his expertise. According to court records, the department paid him $18,000 after he was released from federal prison in 2000 because his manufacturing dies had outlasted those of the U.S. Mint.
His tokens were masterly because he crushed the originals and got the exact breakdown of their composition, mr. Longo said. Mr. Colavecchio purchased the material, bought a press and, using a laser-cutting die, made molds and copies.
"it's like having access to the U.S. Mint on the weekend, printing your money and leaving," mr. Longo said.
To read the complete article, see:
louis colavecchio, master counterfeiter, is dead at 78 (https://www.Nytimes.Com/2020/07/13/us/louis-colavecchio-dead.Html)
To read earlier E-sylum articles, see:
COUNTERFEIT KING'S COIN PRESS TO BE AUCTIONED (https://www.Coinbooks.Org/esylum_v11n38a27.Html)
COUNTERFEIT KING'S HISTORY CHANNEL SEGMENT (https://www.Coinbooks.Org/esylum_v11n39a15.Html)
The numismatic bibliomania society is a non-profit organization promoting numismatic literature. See our web site at coinbooks.Org.
To submit items for publication in the E-sylum, write to the editor at this address: whomren@gmail.Com
Copyright © 1998 - 2012 the numismatic bibliomania society (NBS)
all rights reserved.
Storied counterfeiter gains compassionate release from prison
Louie "the coin" colavecchio, a fixture among new england gangsters in the 1990s, was granted compassionate release from a north carolina lockup this week.
Thank you for sharing!
As citizens across the nation debated the merits of compassionate prison releases for the likes of former trump campaign manager paul manafort and lawyer michael cohen, a less familiar name with a connecticut connection came up wednesday, when former counterfeiter louis “the coin” colavecchio was granted release from a north carolina lockup.
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Michael marciano is bureau chief of the connecticut law tribune. He can be reached at [email protected] or call 646-957-3022. On twitter: @breakingctlaw
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So, let's see, what we have: louis colavecchio counterfeiter dead the new york times published an obituary of counterfeiter louis colavecchio -editor in 1996, just after he was arrested by secret service agents and at louis colavecchio counterfeiter dead
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