A man from North Carolina was convicted of minting his own currency.
The U.S. Attorney's Office announced Friday afternoon that 67-year old Bernard von NotHaus was convicted of making, possessing and selling his own coins. During the eight day trial, the U.S. Attorney's Office said the investigation into NotHaus' activities began in 2005 and involved minting of coins worth an estimated $7 million.
The U.S. Attorney's Office said the coins were made to resemble United States coins and that the Liberty Dollar coins were intended to be used as counterfeit money. NotHaus was the founder of a group called NORFED, also known as the National Organization for the Repeal of the Federal Reserve and Internal Revenue Code.
It took jurors less than two hours to deliberate NotHaus' guilt and he faces a 15 years in prison when sentenced.
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