Feds seize $4.7 million in Bitcoin, arrest 2 in Ohio case

February 9, 2018 GMT

Feds seize $4.7 million in Bitcoin, arrest 2 in Ohio case

TOLEDO, Ohio — Nearly $5 million in Bitcoin, gold and silver bars, and coins were seized from an apartment by federal authorities in a case involving the production of false identification cards, reports say.

Mark Alex Simon, 34, of Toledo, appeared in federal court Thursday on 17 charges of transferring false identification documents and forgery, the Associated Press reports. He is being held in the Lucas County jail on a $5 million bond.

Sarah M. Alberts, 34, was arrested Thursday and charged with engaging in a pattern of corrupt activity, conspiracy, money laundering, and manufacturing fake identification cards, according to the Toledo Blade. She is expected to appear in court Friday morning.

The Blade reports an affidavit filed Tuesday by the U.S. Secret Service in U.S. District Court shows agents found $4.7 million in Bitcoin in 30 “wallets” on a USB thumb drive.

Also taken from the apartment were 18 gold coins, more than 200 silver coins, 21 gold and silver bars, $7,000 in U.S. currency, computers and cellphones, and identifications not related to Simon.

Authorities began investigating Simon in October 2015, the AP reports. A bar in Springfield, Ohio, reported receiving several fake IDs.

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