Sunday, December 6, 2009

£1 coins counterfeiting factory case

Early this year, Thousands of pounds worth of fake £1 coins were uncovered at a counterfeiting factory during a raid on a farm in Kent, heard by Maidstone Crown Court, United Kingdom on 4 December 2009. A news from BBC stated that The coin-making paraphernalia was found hidden in a concealed room behind wooden panelling at Tonge Corner Farm, Tonge, near Sittingbourne on 13 May 2009. The £1 coins counterfeiting factory run by a family of 4.

Photo by wikipedia: Image of real £1 coins on top of fake coin

Michael Silk, 70, of Iwade, Kent and Paul Bart, 65, of Borehamwood, Hertfordshire deny making fake coins. Mr Silk's son Stephen, 49, of Borden, Kent, has pleaded guilty to the charge. Maidstone Crown Court was told on Friday that brothers-in-law Michael Silk and Mr Bart also deny having counterfeiting materials, including a hydraulic machine press, and possessing counterfeit coins with a view to distributing them as genuine. Stephen Silk has admitted having counterfeiting materials.


Andrew Forsyth, prosecuting, told the court police forced entry into a rented industrial unit on the farm and found Michael and Stephen Silk. They recovered £8,000 worth of prepared coins and 14,000 yellow metal discs waiting to be pressed. When Michael Silk's coat was checked it contained keys, a remote device for an alarm system and an adapted spanner, which the Crown alleged was for use on the machinery. But in interview he denied knowledge of any factory or being party to any manufacture of coins.

DNA found on some discarded latex gloves in a bin in the concealed press room was linked to Michael Silk. Neighbours reported a male driver in a white Peugeot frequently visiting the unit, which the Crown allege was Mr Bart, Mr Forsyth said. Mr Bart was arrested when he arrived at the unit during the police search. He told officers he had a key to the unit but did odd jobs and denied any wrong doing.

Source: BBC News, Wikipedia.