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Fed Coin Thief Walks Off With 9,800 Pounds Of Quarters

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Mark Melin
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Fed coin thief had a weighty job: As some people longingly look forward to the day that society will be cashless, Stephen Lancaster Dennis, 49, must love loose coins rattling around his life. The Alabama resident was recently charged with stealing $196,000 in quarters from the Federal Reserve Bank of Atlanta. The inside job quickly became the butt of jokes at the U.S. Department of Justice and among the media.

Fed Coin Thief Walks Off With 9,800 Pounds Of Quarters

Manager in coin storage facility tries to fake out Fed with phony coin bags

Dennis was a money processing manager at a Brink’s storage facility...

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Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.