Three Arrested for Passing Counterfeit Money

Three Arrested for Passing Counterfeit Money

The Placer County Sheriff’s Office recently arrested three individuals who attempted to circulate counterfeit money in Placer County, according to an official press release.

Richard Allen Jaramillo, 48, of Lincoln, and Auburn residents Elizabeth Anne Golden, 31, and Kane Andrew Marquardt, 32, were reportedly arrested on Thursday, June 19, 2014. Jaramillo was reportedly booked on charges of making/passing fictitious bills, conspiracy, possession of narcotics, being a felon in possession of a firearm and ammo, and committing a felony while out on bail. He is ineligible for bail and remains in custody. Golden was reportedly booked on charges of possessing fictitious bills and was released on Friday, June 20, 2014, on $10,000 bail, and Marquardt was reportedly booked on charges of conspiracy and a felony warrant for evading police with bail set at $95,000.

Elizabeth Anne Golden

Elizabeth Anne Golden

According to Placer County Sheriff, there has been a recent increase in reports of fake money of all denominations being circulated in Auburn, Colfax, and other areas of Placer County, which reportedly led to an investigation and the arrest of these three suspects.

Kane Andrew Marquardt

Kane Andrew Marquardt

Placer County Sheriff advises citizens and business owners to always check paper money closely — “if the bill does not feel like other money or tears easily, it could be counterfeit. According to the United States Secret Service, always look at the money you receive”  and “compare a suspect note with a genuine note of the same denomination and series, paying attention to the quality of printing and paper characteristics. Look for differences, not similarities.”  For more information, click here.

Read More:

Auburn Journal: Investigation into counterfeit money results in arrest of three

Three Arrested for Passing Counterfeit Money was last modified: January 14th, 2019 by admin
Categories: Placer

About Author

Corrie Pelc

Corrie Pelc brings over 16 years of journalism experience to United Reporting. She currently writes for a number of Sacramento-area publications, including Sacramento News & Review, East Sacramento News, Arden Carmichael News, Inside the City and Style Magazine.