Man Pleads Guilty: Passing Counterfeit Currency

May 11, 2012

25-year-old Ronico Richardson pled guilty to four counts of passing counterfeit currency in Magistrates’ Court yesterday [May 10]. The offences took place at two Front Street establishments on November 18th 2011, with the defendant admitting to passing two counterfeit U.S. $50 notes at each location.

As a result, Richardson was fined $3,000 by Magistrate Tokunbo to be paid by June 29th 2012. He was also found guilty of an additional charge, perverting the course of justice, for giving a false name to police when he was arrested for the counterfeit currency offences.

A police spokesperson said, “The Bermuda Police Service continues to advise businesses and their staff as well as the public to be vigilant regarding counterfeit currency. If counterfeit cash is detected during a transaction, staff receiving the fake money should hold on to it, note the description of the individual who tendered it and contact police immediately.

“The public is reminded that it is a criminal offence to pass to another, possess, make or reproduce any counterfeit currency and those caught doing so can expect to be prosecuted. Suspicious circumstances regarding counterfeit currency should be reported directly to the main police number 295-0011 or via the independent and confidential Crime Stoppers hotline 800-8477.”

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Comments (8)

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  1. What Next says:

    Tokumbo just a few days ago you let a man go for messing with a YOUNG girl now
    you fine a man $3,000.00 for two CF 50 dollar bills. You are just screwed wright up.
    Dam this system!!!!!

    • why o why says:

      he plead guilty to three other charges thus the hefty fine…. i think your comment kind of makes the point that you shouldnt for an opinion without reading all the information… we dont know all the circumstances surrounding the man and the girl so who are we to say if the punishment was just or not…. im not making light of what he done so dont get me wrong.. but he has been given his punishment…

    • Out of flight says:

      I told the guy to say he went to Harvard. He would have been let off. That’s what I am going to say. Join the group whenever you have to go to court.

  2. Jammys says:

    Pay in cash Ronico!

  3. Redundant Bermudian says:

    4 $50 US Bills I say chop off 4 fingers :)

    • gombey fan says:

      so what if he had fake money.. if that was my only way to get by i would do the same.. he was just unlucky and got caught.. chopp of his fingers!! like u aint stoll anything in ya lifetime.. lol

  4. Mountbatten says:

    What a colorful thief !

  5. The nitty gritty says:

    What if the bills were really top quality and someone like me with poor eyesight got a $50 and used it unknowingly? Is there a test by the authorities to exclude the innocent passer of fake fifties?
    or does it come down to ……