Local collector spent $25,000 on coin determined to be counterfeit.
A Waterloo man is facing charges in connection to a local counterfeit coin investigation.
In December, a collector in Niagara told police he believed he was purchasing a rare 1921 Canadian 50 cent coin for $25,000.
Depending on the condition, the value of the coin can far exceed $25,000.
Upon receiving the coin, it was determined to be counterfeit.
Yesterday, police arrested 61 year old Jeffrey J. Thomson.
He's been charged with Fraud Over $5,000 and Utter Counterfeit Money.
Anyone with information on the case is asked to contact Niagara Regional Police at 905-688-4111, option 3, extension 1009487.
Grimsby, Port Colborne Honour Remembrance Day
St. Catharines Man Charged with Drug Dealing
Wainfleet Man Wins Lottery... 1st Time
MP Plans to Hear More Vaccine Injury Stories
Cash Registers Stolen in Thorold B&Es
Motel Fire Considered Suspicious
Frank Campion Named Niagara Regional Chair
Niagara Businesses Discuss Tariffs at Event