Bay Area Man Busted Counterfeiting $30,000. Meanwhile, Zimbabwe Ben Still at Large

Sunday, October 04, 2009 , , , 5 Comments

SJ Mercury News:

A San Francisco Bay area man has been sentenced to 30 months in federal prison for counterfeiting $30,000 in the back of his 1996 Ford Aerostar van.

Assistant Federal Public Defender Daniel Blank says 37-year-old Paul Rickett is a Gulf War veteran who "lost everything" to a methamphetamine addiction.

The Secret Service says he outfitted his van with a computer, printer and reams of paper to make authentic-looking money.

Prosecutors say Rickett was preparing to create another $100,000 when he was arrested in May.

Rickett, of Mountain View, pleaded guilty in July. He was sentenced Thursday in San Francisco by U.S. Judge William Alsup.

Oh yeah? Meanwhile, a 55-year old Washington DC-based econ professor has counterfeited some $12 trillion dollars to date and remains not only at large but in charge of our nation's monetary policy.

Oh the humanity.

Jr Deputy Accountant

Some say he’s half man half fish, others say he’s more of a seventy/thirty split. Either way he’s a fishy bastard.


W.C. Varones said...

I've always kinda wondered about counterfeiting. If a meth-head can print semi-passable dollars in his van, what's to prevent somebody like North Korea with significant time and resources from printing billions of fake dollars?

Of course, maybe North is printing billions, but we just haven't noticed it because they are a drop in the bucket compared to Zimbabwe Ben's trillions.

cl5v5r said...

somebody's noticed what's going on north of the 38th

$30,000? That's Lloyd Blankfein's monthly cigar expense.


JDA, WC, I was just going to comment that I've heard stories of east Asian folks buying condos in Oakland with shopping bags full of money that obviously might not be a kosher as our founding fathers would have intended. My question is how much of that money gets to BofA or Wells Fargo and they actively avoid confirming if it is counterfeit? Hey if they can declare worthless real estate as an asset then why not declare worthless paper as an asset.


I've heard crack dealers in Oakland are doing the same thing. Like a bag of $60,000 in large unmarked and greasy bills gets you a sweet little crib over there.

It's all counterfeit anyway, right? So who cares.

You've given me an idea though... I'm going to have to start calling around to see how the banks check to see if it's Zimbabwe Ben counterfeit or meth-head/crazy North Korean counterfeit.