Louis Colavecchio Death | Louis Colavecchio Dead – Obituary

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Louis Colavecchio Death | Passed Away | Obituary

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Infamous Counterfeiter Recently Released From Prison Dies

PROVIDENCE, R.I. (AP) — A Rhode Island man who proclaimed himself the “world’s greatest counterfeiter” has died just weeks after his release from his latest prison sentence.
The Providence Journal reports Louis “The Coin” Colavecchio died Monday in hospice care after dealing with a range of ailments, including dementia and chronic obstructive pulmonary disease. He was 78.
“If he used the amount of ingenuity and knowledge he had for good, he could have been a millionaire and changed people’s lives,” former Rhode Island State Police Col. Steven O’Donnell told the newspaper.

Colavecchio, a North Providence native and Providence College graduate, was infamously banned at nearly every casino in America for counterfeiting gambling tokens.
He was released from federal prison in North Carolina in late May after being sentenced to 15 months for producing counterfeit $100 bills last year.
Colavecchio frustrated casinos for years with counterfeit slot machine tokens. He was arrested at Caesars Atlantic City in 1996 with 800 pounds (360 kilograms) of the fake tokens. His 2015 autobiography, “You Thought it was More, Adventures of the World’s Greatest Counterfeiter,” details his exploits.
During his sentencing in Providence federal court last year, Colavecchio said he was attending community college and still believed he could “do some good” for society.

Connecticut State Police Detective Sergeant (Retired) Jerry Longo and journalist Andy Thibault will discuss the career and memoir of Louis the Coin Colavecchio Tuesday, Oct. 6, 2020 at 6:30 p.m. at the Morris Public Library, 4 North St., Morris, CT

Colavecchio, had pleaded guilty to creating counterfeit $100 bills at his apartment in Pawtucket, RI.

Longo had arrested Colavecchio in a prior case in which The Coin had manufactured and used undetectable $100 slot machine tokens at casinos in Connecticut, New Jersey and Nevada. They subsequently became friends and appeared together at Gateway Community College in New Haven and Western Connecticut State University in Danbury.

Louis Colavecchio passed away on July 6, 2020, at the age of 78, just weeks after compassionate release from federal prison.

Thibault, city editor for the Republican-American in Waterbury and a private investigator, collaborated with Colavecchio and Gateway Professor Franz Douskey to write the memoir, “You Thought It Was More – Adventures of the World’s Greatest Counterfeiter, Louis The Coin.”

Longo wrote the book’s introduction. He is now a senior investigator for a major casino and chairman of the Connecticut State Police Museum in Meriden. A portion of royalties from the memoir is being donated to the restoration of a 1941 police cruiser at the museum. Direct donations can be mailed to: CSPAAAMEC P.O. Box 1945 Meriden, CT 06450-0899 Notation: Garage or 41 project.

Louis Colavecchio passed away on July 6, 2020, at the age of 78, just weeks after compassionate release from federal prison.

We are still working on getting more details about the death, as family statement on the death is yet to be released.

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