Police bust fake counterfeiting scam

The Atlanta Journal-Constitution

Wednesday, November 12, 2008

A pair of men in Alpharetta thought they had a sucker on the hook when they tried to convince him they had a foolproof method of counterfeiting.

The sucker, an undercover police detective, was not fooled.

Recent headlines:

   • North Fulton County news

The two men, James Martin and Nelson Achonduh, are facing charges of felony solicitation.

According to Alpharetta police, the detective met with Martin and Achonduh to observe what they said was their counterfeiting technique. They said they wanted to sell funny money for real money, police said.

The suspects took a real $100 bill and dipped it in chemicals, police said. They placed the bill against an identically sized, blank piece of paper, telling the purchaser that the image would transfer to the blank paper, police said.

But it was a scam.

One suspect would distract the buyer as the other would substitute the blank paper with another $100 bill. Voila, they would say, a perfect imprint.

The buyer was then to bring $100,000 in real money for $300,000 in fake money. If the buyer brought real money, the suspects would simply rob him, police said.

About a week ago, the counterfeit counterfeiters demonstrated their technique at a Citgo gas station in Alpharetta. They agreed to meet the undercover detective at the gas station on Monday to exchange phoney currency for cold cash.

Except real police with real guns arrested them.

A search of the suspects’ vehicle turned up a loaded handgun.

Police spokesman George Gordon said authorities are investigating whether the trick had been played elsewhere. The investigation was assisted by the U.S. Treasury Department.

Inside AJC.COM

Summery sips

Summery sips

Long, hot days have inspired these six cool cocktails. Bottoms up!

Beyonce concert review

Beyonce concert review

Watch a video of fans re-enacting their favorite parts of Beyonce's Atlanta concert.

Best of Luckovich: June

Best of Luckovich: June

Vote for your favorite Mike Luckovich editorial cartoons on local new, politics, celebrities and more!

Ingenuity + yard = fun

Ingenuity + yard = fun

Boredom and lack of money are the mothers of invention when it comes to lawn games such as lawn Scrabble.

Romantic vacation tales

Romantic vacation tales

Our new travel story contest centers on your most romantic vacation tales. Tell us, lovers.

Private Quarters Splurge

Private Quarters Splurge

Husband and wife architects created a modern house that's still warm and inviting.

Kudzu Services » Find the right people for the job