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Man admits fake coin scam
Hamilton Sheriff Court heard police found thousands of coins |
A man has admitted making fake one pound coins on a farm in North Lanarkshire.
Hamilton Sheriff Court heard that David Shilton produced more than 2,000 of the coins and was making many more.
Shilton, 44, who lives in Bournemouth, pleaded guilty to making counterfeit or protected coins without lawful authority at Orchard Farm, Bellshill.
The court was told that police arrested Shilton and his accomplice William Ellis after they received a tip-off about the counterfeiting operation.
Machines and moulds
When officers searched farm buildings they found 2,000 fake one pound coins, along with 4,000 others which had still to be electroplated.
Also on the premises were moulds and a machine for making fake coins.
The court heard that Shilton had no previous convictions, and became involved in the scheme to help out a friend in financial trouble.
Sentence was deferred for three weeks for social inquiry reports.
Ellis, who is serving nine years for abducting his wife at gunpoint and holding her hostage for four days, was sentenced to three years in jail on Tuesday for his part in the scam.
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22 Jun 99 | Your Money |
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An old money-making scam |
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