3 charged with selling fake coins

2013-04-27T05:30:00Z 2013-04-27T06:34:14Z 3 charged with selling fake coinsThomas Geyer tgeyer@qctimes.com The Quad-City Times
April 27, 2013 5:30 am  • 

Three people are facing felony theft and conspiracy charges after police said they sold fake coins to several Scott County jewelry stores and pawn shops Thursday, raking in more than $2,000.

Ashley Rene Reimolds, 18, and Thomas Lee Hatfield III, 19, both of of 160 Chambers St., Apt. 1, Galesburg, Ill., and George Issa Nesheiwat, 37, of 435 Meadow Drive, Roselle, Ill., are charged with one count each of second-degree theft and one count each of conspiracy to commit a felony.

Both charges are Class D felonies under Iowa law that carry a prison sentence of up to five years.

According to the arrest affidavit filed by Davenport Police Detective James Stark, the three conspired to sell silver-clad coins to jewelry stores and pawn shops by purporting them to be 100 percent silver.

A clad coin is one that has multiple layers of metal and is not made of one pure metal.

The three were attempting to be paid the current rate for silver, police said. Silver futures for May closed Thursday on the Chicago Mercantile Exchange at $24.70 an ounce.

In his affidavit, Stark said the three got more than $2,000 for their efforts.

Reimolds and Nesheiwat were released from the Scott County Jail after posting bond Thursday. Hatfield was released Friday afternoon after posting bond.

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(11) Comments

  1. Randogg420
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    Randogg420 - April 30, 2013 2:08 pm
    Get a job
  2. Sherman
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    Sherman - April 28, 2013 2:52 pm
    I would say, after not thinking about it for more then ten seconds, that they did an investigation, got confessions from the perps and thus they were charged.. DA DA... mystery solvd.
  3. twiggy
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    twiggy - April 27, 2013 2:22 pm
    Who do you suppose reported the crime? My guess, the people who took them realized they were fake. Just as store clerks inadvertently take forged $20.00 bills, realize what happened, and report it. This is not rocket science. It is not a conspiracy or the fault of the victims. These folks committed a crime and got caught.
  4. Family man
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    Family man - April 27, 2013 1:55 pm
    If the people that bought the fakes can't tell the difference how can they say that they have never sold fakes?
  5. Santony25
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    Santony25 - April 27, 2013 12:18 pm
    Not sticking up for these two..... BUT, the people who bought them should have known they were fake. If you are UNSURE then why but them.
    I also agree, how do the cops know or not if these two really thought the coins were real?

    The morons are just mad cause they bought fake coins... Wonder if they bought fake gold and diamonds as well..
  6. twiggy
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    twiggy - April 27, 2013 10:04 am
    How do the police know? Because they did the investigation, took statements from a lot of people. While I have no first hand information, I believe it is possible the defendants admitted the crime, that is very common. All we know is what the QCT printed, which is next to nothing in relation to the actual case. That's why the police exist, and why newspapers do not prosecute crimes.
  7. Family man
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    Family man - April 27, 2013 9:47 am
    How do the police know that they didn't think they were real? They took them to people that should have known and apparently some of them thought the coins were real, isn't it possible these men thought they had the real deal?
  8. Fortuna facit libertas
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    Fortuna facit libertas - April 27, 2013 9:37 am
    They targeted the jewelry stores and pawn shops. I wonder if they tried any of the coin shops. Doubtful they did. Those folks probably would have caught it immediately.
  9. 1of3
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    1of3 - April 26, 2013 9:15 pm
    Hmmm seems to me that the jewelry store should of known that these were not real, they are supposed to be the experts, maybe these people didn't know they were fake and thought they had the real thing.
  10. ttdad
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    ttdad - April 26, 2013 7:45 pm
    I wouldn't be too sure of that. :)
  11. Jack S
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    Jack S - April 26, 2013 6:20 pm
    .....buyer beware !.............'Chumley' even knows better !
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