PNG leaders fight fakes with Anti-Counterfeiting Educational Foundation

Non-profit entity created to accept donations for important work by Anti-Counterfeiting Task Force

The Anti-Counterfeiting Task Force (ACTF) accomplished major victories combatting fakes and educating the public about counterfeits in the marketplace in 2018, according to ACTF Coordinator Beth Deisher, who envisions continued success in 2019 following the recent major reorganization of the group’s parent organization, the Anti-Counterfeiting Educational Foundation (ACEF).

The non-profit ACEF was originally operated by the Industry Council for Tangible Assets (ICTA) but recently left the council. As of Nov. 20, the ACEF’s board of directors is composed of volunteer members of the Professional Numismatists Guild (PNG) board who will handle the administrative duties and assist with fundraising needed to support ACTF’s efforts to fight fakes.

“The Foundation continues as a 501(c)(3) corporation and is separate from PNG. All donations to ACEF are tax deductible,” said Robert Brueggeman, executive director of both PNG and the ACEF.

“PNG will continue to provide $10,000 a year to the Foundation and individual PNG members also are making donations, such as Wayde Milas and Brett Charville who each pledged $10,000 a year for five years. The Foundation and its Anti-Counterfeiting Task Force operate solely on donations, and there is a large need for additional funds of any amount from individuals as well as hobby and trade organizations so this crucial work can continue.”

Among other recent donations, the Central Ohio Numismatic Association again contributed $1,000 to ACEF.

“The ongoing influx of counterfeit rare coins, bullion coins and grading service holders in the marketplace is a potential problem for virtually every collector and dealer,” said Deisher. “Among our goals for 2019 is to increase educational programs for the collecting community and the public about how to protect themselves from being defrauded by counterfeit coins and precious metals bars they encounter. One of the ways to do that will be with a new ACEF website, which we expect to be operational by mid to late December.”

There are also plans to expand the task force’s network of experts, who can assist law enforcement agencies in identifying counterfeits.

“Another planned effort in the coming year is seeking changes in local, state and federal laws and regulations to give higher priority and faster adjudication for counterfeiting crimes,” added Deisher, who will serve as director of anti-counterfeiting for the ACEF and co-ordinator for the ACTF.

MAJOR ACCOMPLISHMENTS

In addition to Deisher, there are 44 volunteer members of the ACTF, whose major accomplishments in 2018 include:

  • providing assistance in more than 30 active cases of counterfeit coins and precious metal bullion products being investigated by U.S. Customs and Border Protection, U.S. Homeland Security Investigations, U.S. Secret Service, and U.S. Treasury Department’s Office of Inspector General;
  • expanding the ACTF’s expert network and providing experts to assist law enforcement in the identification of counterfeit coins and bars (the largest case prosecuted during 2018 involved seizure of thousands of counterfeits; if the fakes in this single case had been genuine they would have had a retail market value of more than $48 million);
  • sponsoring and mounting an unprecedented five-case, public education exhibit of counterfeit coins and bars during the American Numismatic Association’s World’s Fair of Money in Philadelphia (the counterfeit items were made available through special arrangement with the U.S. Department of Homeland Security Investigations);
  • developing and conducting the first survey to determine the prevalence of counterfeit coins and precious metals bars in the U.S. marketplace; and
  • working with supervisors of Customs and Border Protection’s (CBP) regional centers to determine the best methods of providing educational materials and training CBP agents to create awareness of counterfeit coins and precious metals bars illegally entering the U.S.

For additional information or to make a donation, contact the ACEF at 28441 Rancho California Road, Suite 106, Temecula, CA 92590 or call 951-587-8300.

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