U.S. Mint Officer Admits He Stole And Sold $2.4 Million In Coins

U.S. Mint Officer Admits He Stole And Sold $2.4 Million In Coins

Money isn’t necessarily safe in the hands of those who mint it. A U.S. Mint employee pleaded guilty to theft of government property and tax evasion, admitting he swiped $2.4 million in coins with errors and sold them to a California coin distributor. The $1 presidential coins he admitted to stealing were missing lettering, and the convict knew he could get a premium for them because the errors gave them more value in the coin collecting market. [More]