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<p>[QUOTE=&quot;JCro57, post: 3053879, member: 92083&quot;]Apparently, a guy named Barry Ron Skog (a.k.a &quot;Ron Petersen&quot;) from Burnsville, Minnesota, advertised (and then sold) five total Seated Liberty coins - two halves, two dollars, and one 20-cent silver piece - in <i>Numismatic News; </i>he listed them as genuine&nbsp; despite knowing they were all fake (according to the feds).</p><p><br /></p><p>[ATTACH=full]764713[/ATTACH]</p><p><br /></p><p>He is facing 5 counts of knowingly selling counterfeits to defraud and 1 count of mail fraud since he mailed one of them through the Post Office.</p><p><br /></p><p>The feds believe he defrauded collectors out of more than $80,000, and believe there are more victims than just these three people who bought those five fakes.</p><p><br /></p><p>If convicted on even one of the 5 counterfeit charges, the feds will seize ALL his coins and paper currency (about 3,100 pieces total); In addition, he could be fined, serve a max sentence of 15 years, or both.</p><p><br /></p><p>Collectors Universe previously won a default judgement against him for selling other Seated Liberty cointerfeits in counterfeit PCGS slabs a few years ago.</p><p><br /></p><p>His company was called the &quot;Burnsville Coin Company&quot; and also had a display stand at an antique shop in Stillwater, Minnesota.</p><p><br /></p><p>Here is the link to the story</p><p><a href="https://www.justice.gov/usao-mn/pr/burnsville-coin-dealer-indicted-fraud-scheme" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://www.justice.gov/usao-mn/pr/burnsville-coin-dealer-indicted-fraud-scheme" rel="nofollow">https://www.justice.gov/usao-mn/pr/burnsville-coin-dealer-indicted-fraud-scheme</a></p><p><br /></p><p>Yet another reason why you need to keep records of what you buy and from whom![/QUOTE]</p><p><br /></p>

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