Crime - Sacto 911

Three Placer County residents accused of passing counterfeit money

Placer County sheriff’s detectives have arrested three people suspected of possessing and passing counterfeit money.

Thursday’s arrested followed an investigation into recent reports of fake money in all denominations circulating in Auburn, Colfax and other areas of the county, according to a Sheriff’s Office news release.

Arrested were Richard Allen Jaramillo, 48, of Lincoln, and Elizabeth Anne Golden, 31, and Kane Andrew Marquardt, 32, both of Auburn.

Jaramillo was booked on suspicion of making and passing fictitious bills, conspiracy, possession of narcotics, being a felon in possession of a firearm and ammunition, and committing a felony while out on bail. He is ineligible for bail and remains in custody.

Golden was booked on suspicion of possession of fictitious bills and was released today on $10,000 bail.

Marquardt was arrested on suspicion of conspiracy and a felony warrant for evading police. He is being held in lieu of $95,000 bail.

Sheriff’s officials urge residents and business owners to carefully check paper money. If the bill doesn’t feel like other money, or it tears easily, it could be counterfeit. They suggest comparing a suspect note with a genuine note of the same denomination and series, paying attention to the quality of printing and paper characteristics. For more information on detecting counterfeit money, see the U.S. Secret Service website.