Courts / Dublin / Report

Printer avoids jail for producing counterfeit €50 notes

Summary

John Stanley, aged 53, avoided jail after a court found he had produced 49 boxes of counterfeit €50 notes, worth €3.3 million, but had not distributed them. He had a €2 million property judgment against him and was under severe financial pressure. Stanley used his printing equipment to create the notes, printing watermarks and other security features, but sent them elsewhere for holograms. Only €9,250 of the notes were finished and ready for distribution. He destroyed some templates and decided to abort the operation before public release. The judge, Martin Nolan, noted that the only reason Stanley was spared prison was that he did not put the notes into the public. Stanley pleaded guilty at the Dublin Circuit Criminal Court and was given a four‑year term, suspended in full for four years. He was from Coolock, Dublin, originally from Northern Ireland.

Who, what, where, when and why

What: Report matter: Printer avoids jail for producing counterfeit €50 notes. Charges or matters: producing the counterfeit notes before April 17, 2014 at Baldoyle Industrial Estate. Procedural stage: sentence

When:

• April 17, 2014 Hearing Or Sentence
• 2015-03-02 Publication

Case subjects

Places mentioned

Topics

Stage Sentence

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Read the original CNI report