A Broomall coin dealer helped federal investigators track down a man who was committing a potential $46 million fraud with counterfeit coins, reports Joe Holden for philadelphia.cbslocal.com.

Richard Weaver helped investigators crack the case against Jonathan Kirschner of Moorestown nearly two years ago. Kirschner was sentenced to more than 10 years in prison.

“The case was first brought to me when clients of mine came in with silver dollars that were purchased from a gentleman in New Jersey,” Weaver said. “They were concerned about the authenticity of the coins. Upon viewing them, they were counterfeit copies.”

Homeland Security and ATF agents set up a sting operation and arrested Kirschner when he showed up at a parking lot with more coins.

“The gentleman represented the coins as being from his grandfather and being very, very rare,” Weaver said.

The coins were replicas from online retailers in China.

“Meeting somebody in a parking lot with a deal that seems to be too good to be true, is probably too good to be true,” Weaver said. “Just common sense will tell you, you cannot buy an ounce of gold for $1.25.”

Read more about Weaver’s help stopping the counterfeit coin operation here.

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