Three people were arrested by Placer County sheriff’s detectives last week for possessing and passing counterfeit money in Placer County.
With an upswing in reports related to all denominations of fake money recently being circulated in Auburn, Colfax and other areas of the county, detectives began investigating. Placer County Sheriff’s Information Officer Dena Erwin sand the investigation led to the arrests of Richard Allen Jaramillo, 48, of Lincoln, Elizabeth Anne Golden, 31, and Kane Andrew Marquardt, 32, both of Auburn.
Jaramillo was booked on charges of making/passing fictitious bills, conspiracy, possession of narcotics, being a felon in possession of a firearm and ammo, and committing a felony while out on bail. He is ineligible for bail and remains in custody.
Golden was booked on charges of possessing fictitious bills and was released today on $10,000 bail.
Marquardt was booked on charges of conspiracy and a felony warrant for evading police. His bail is set at $95,000.
Citizens and business owners should check paper money closely.
Click here to listen to Dena Erwin
Erwin says One business accepted two 100 dollar bills of the phoney money before realizing the bills were fake. The exact amount of counterfeit money passed by the trio is still being determined.