In a brazen daylight operation, F. O. Bailey Co. brought a large quantity of counterfeit Confederate money to the auction block on May 30th in Portland, Maine. The ill-gotten gains were part of a larger haul of stolen goods, including carpets, furniture, and other household items. The sale, held at 10 a.m., attracted a sizeable crowd, with many eager to get their hands on the fake currency. But authorities were hot on the trail, and the operation was likely a desperate attempt to rid themselves of the incriminating evidence.
Related Federal Cases
- Colbert’s Counterfeit Cash Caper: $70,000 Stolen in Bank Fraud Scheme · Maine
- Portland Drug Kingpin Gets 15-Year Sentence · Massachusetts
- Portland Couple Fakes Marriages for Green Cards · Maine
- Waterville Swindler Jailed for Counterfeit Coin Dealings · Maine
- Portland Drug Kingpin Sentenced to Over Six Years · Massachusetts
Key Facts
- State: Maine
- Category: Fraud & Financial Crimes
- Era: Historical
- Source: Library of Congress — Chronicling America ↗
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