Rhode Island man faces charges in coin counterfeiting

A Rhode Island man was arrested Wednesday and charged with counterfeiting casino slot tokens.

Rhode Island State Police, Connecticut State Police, New Jersey State Police, the FBI, Secret Service and other investigative agencies executed a search warrant on the Pawtucket, R.I., home of Louis „The Coin“ Colavecchio and found hundreds of manufactured slot tokens for Connecticut, New Jersey and Las Vegas casinos.

Also seized were dyes, molds, chemicals, various metals for the manufacture of coins, machinery for counterfeiting and USD 5,100 in cash, police said.

Another search was done at Colavecchio’s business, Cambridge Orthotics in North Providence, and the same items were taken into custody along with detailed records.

The tokens were manufactured for both Foxwoods Resort Casino and Mohegan Sun, along with about a dozen out-of-state casinos.