Haitian Artist Jean Losier forged $4.5Millions in counterfeit bills

The Haitian artist Jean Losier did not think that creating beautiful painting painting was profitable enough. Hot involved instead in a more lucrative business. Prosecutors confirmed that he the artist had produced more than $4.5 million worth of counterfeit $50 and $100 bills at his Wellington art studio in Delray Beach.


WATCH VIDEO: Jean Losier Art

Unlike his real artwork, demand for his counterfeit $50 and $100 bills were high. Losier used a simple technic by bleached authentic $1 bills and then printed $50 and $100 on those bills. He had some some business partners who bought the fake bills at 10 cents on the dollar, In another way, they will purchase a pack of $10,000 fake bills $1,000.

Investigators also reported that most of these fake bills were used at malls, stores and restaurants in Florida.

Counterfeiter Jean Losier to Serve Concurrent Sentences

Artist Jean Losier has been charged with printing and distributing counterfeit money, totaling $4.7 million.

He was indicted in a Jacksonville federal court. He may serve a prison sentence up to 20 years. Already in prison for another counterfeiting scheme he will serve both sentences concurrently.

Reply to this article

Read more: diaspora, Haitian Artist, Scam, Scam Artist, Haitian Art, Jean Losier, counterfeit, Newsletter Articles, People

« Lucie Tondreau sentenced to over five years in federal prison | Main | Yo arete Ofisyèl FIFA nan vòlè $750,000 pou tranbleman tè Ayiti »

Return to Articles List

Leave a Reply

Name (required)

E-mail (required, will not be published)

Subject: Haitian Artist Jean Losier forged $4.5Millions in counterfeit bills edit

» »

Our objective is to share with you news and information about Haiti and the people of Haiti. Traditions, habits and the way we were  or  grew are alive in this site. We highly recommend that you Subscribe to our Newsletter and also share with us some of the things that are memorable and made us unique people.