🍒 Maker of 'high-quality counterfeits' speaks of casino tokens - Washington Times

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Louis B. Colavecchio (born January 1, ) is an American casino counterfeiter known as "The Coin". While residing in Rhode Island, Colavecchio defrauded several Atlantic City and Connecticut casinos until his arrest and initial conviction in He had led a gang which fabricated numerous slot machine coins using His counterfeiting equipment was auctioned off on eBay.


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Louis Colavecchio of North Providence, RI, is arrested in Atlantic City on charges of using counterfeit slot-machine tokens at Caesars Atlantic.


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Louis Colavecchio of North Providence, RI, is arrested in Atlantic City on charges of using counterfeit slot-machine tokens at Caesars Atlantic.


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Louis Colavecchio of North Providence, RI, is arrested in Atlantic City on charges of using counterfeit slot-machine tokens at Caesars Atlantic.


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Louis Colavecchio of North Providence, RI, is arrested in Atlantic City on charges of using counterfeit slot-machine tokens at Caesars Atlantic.


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Louis Colavecchio of North Providence, RI, is arrested in Atlantic City on charges of using counterfeit slot-machine tokens at Caesars Atlantic.


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Trying to create counterfeit chips that are a perfect match for the real thing, in terms of appearance, weight, and feel, is more or less impossible, even before you.


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His year-old brother is a Catholic priest, he said, and he expects to see St. George Floyd. Just as it was nearly impossible for authorities to distinguish between his slot machine tokens and the real ones, it is difficult to determine the authenticity of many of his stories. His incarceration was easy once he hooked up with people he knew, Colavecchio said. Retired Connecticut state trooper Jerry Longo, who was assigned to Mohegan Sun as an investigator at the time, said he spent two years on the case after New Jersey officials notified Connecticut casino operators of the scam.

His able hands and his tool-and-die making skills, both inherited from his father, brought him notoriety, but Colavecchio also has a gift for spinning a story. They hit it off, and Thibault arranged for Colavecchio to make appearances at Gateway Community College, where Douskey teaches.

New York City. Mint called him several times in prison to ask him why the dies he made lasted longer than theirs. Colavecchio confesses to a lifetime of illegal activity in his book, with detailed accounts of inside-job robberies and money-laundering at his jewelry stores, arson fires he helped plan, shootings he witnessed and insurance scams.

He finally told them, he said, that he used a fake casino tokens grade of steel, and he claims the government reimbursed him for the press they had seized from him. Colavecchio said that before he began making counterfeit slot machine tokens, he manufactured casino table game chips, or cheques, by defeating the micro-chip feature, perfecting the composition and using an ingenious method to extract the color from real chips and use it in the copies.

Peter when the time comes. The shape of a canoe paddle was slightly different. Sign up for Daily Newsletters Manage Newsletters. He said he made a lot of money but retired from chip-making when his associates started demanding more and more of the product.

Click to Read More and View Comments. Donald Trump. One section of his book, with detailed explanations treasure island resort and casino minnesota each step of the token-making process, could serve as a manual for other would-be counterfeiters, but Colavecchio said nobody else would be able to do what he did.

He said a representative fake casino tokens the U. White House. At some point in our younger days, we both made choices about which road to take.

The statutes of limitation for prosecution of those crimes may have expired, but his legal problems are not over. Casinos have since replaced slot machine tokens with a paper fake casino tokens system that was read more development when Colavecchio was arrested, Longo said.

Connecticut authorities eventually arrested Colavecchio, who agreed to tell them how he had made the tokens. But there were minor defects - a fake casino tokens here or a scratch there. According to news stories, he was arrested after police found a marijuana growing operation, plus five pounds of the drug, at his Pawtucket, R.

In the book, he writes of playing in bocce tournaments, feasting on pasta stolen from the prison kitchen and working at a no-show plumbing job while doing his time.

Manage Newsletters. So do I. Colavecchio pleaded guilty in New London Superior Court and accepted a sentence that ran concurrent with his federal imprisonment. Home News Maker of 'high-quality counterfeits' speaks of casino tokens. Colavecchio speaks in the brogue of his native North Providence, sounding something like the stereotypical New York mobster.

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