BANGOR, ME - A Waterville man who sold counterfeit coins was sentenced Wednesday in federal court to serve 10 months in prison and three years of supervised release.

Mwashuma M. Sithole, 32, was sentenced by Judge John A. Woodcock Jr. in U.S. District Court in Bangor for the crime, to which he pleaded guilty on May 9, according to a release from the U.S. Department of Justice that cites U.S. Attorney Thomas E. Delahanty II.

SASKATCHEWAN, CANADA - Police said three men were arrested after officers seized fake pieces of gold and platinum following a Saskatchewan traffic stop and may be involved in suspicious sales in three Prairie provinces.

A Coin World contributor noticed a counterfeit 1912 $10 gold coin listed on the auction site Proxibid and informed the auctioneer who removed the listing.

Read more at Coin World.

Chinese counterfeiters have unveiled new Pamp Suisse gold bars in "VeriScan" packaging in 1 ounce and 5 gram sizes, along with a 1 ounce APMEX gold bar in assay card.  We expect the new counterfeit gold to start arriving in the United States and elsewhere by the end of November 2016.

The government of the British Virgin Islands is advising the public, especially coin collectors, that “coins” purported to be issued in the name of the British Virgin Islands have been offered for sale to coin dealers and the general public.

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