Man Charged In Multimillion-Dollar Bitcoin Scheme

(Toledo, OH)  Federal prosecutors say a Toledo man is behind bars and facing federal charges in a nearly $5 million Bitcoin and fake ID scheme. 

34-year old Mark Simon of South Toledo went before a judge Thursday, accused of printing phony driver's licenses in Ohio and other states in exchange for the cybercurrency. 

Meantime, 34-year old Sarah Alberts of Perrysburg will be in court today, accused of helping Simon make and deliver the fake IDs. 

According to a Secret Service affidavit, agents seized about $4.7 million in Bitcoin stored on a USB thumb drive. Agents also seized cash, gold and silver, multiple computers and cell phones, and printers. Federal prosecutors say Simon used an elaborate scheme on the website Reddit.com, where college students and others could buy fake I.D.'s online and pay for them with cybercurrency.

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