UK gang who paid jewelers with Monopoly money get jail time

14 June 2016, 9:45 pm

Edit

Members of a gang of British con men who used Monopoly money to swindle jewelers across the country are jailed for terms ranging from 22 months to seven years.

According to The Guardian, the quintet used the toy money to pay for expensive jewels, sometimes hiding the fake currency among genuine euro notes and sometimes hiding the word “Monopoly” with careful placement of the paper bands used to hold the bundles of cash together.

The report names London jeweler John Calleija, whose clients reportedly include royalty, as the worst hit in the scam. According to The Guardian, he lost over £6 million when the gang switched real money for fake money during their purchase of gems.