A SYDNEY man has pleaded guilty to making $1 million in counterfeit $50 notes, boasting he forced the Reserve Bank of Australia to redesign the nation’s bank note currency.
Benjamin Gillette-Rothschild, 34, claimed the process was so easy he did it while kicking back in a comfortable leather office chair.
With no apparent formal training, he made fake cash so close to the real thing the RBA admitted that most members of the public wouldn’t be able to spot the difference.
He has been sentenced to an undisclosed sentence, with Judge Garry Neilson in the Downing Centre District Court imposing a suppression order on most details of the case until “certain future events have eventuated”.
A set of agreed facts tendered in the case show Gillette-Rothschild pleaded guilty to eight charges relating to making counterfeit money and was sentenced on February 23. Exactly how he learnt as to making the fake notes cannot be devulged because of a court order.
An RBA spokesman did not respond to questions from The Sunday Telegraph about whether the design of any of Australia’s bank notes were changed in response to Gillette-Rothschild’s scheme….MORE HERE