The One Dollar Counterfeiter

  Under ordinary circumstances, a federal counterfeiting arrest would have generated little sympathy. But the story of Emerich Juettner struck the public imagination immediately. Here was an old man surviving in poverty by printing crude one-dollar bills one at a time. He was not violent, greedy, or glamorous.

  At trial, Juettner admitted his activities openly. The judge sentenced him to only a year and a day in prison, and he was paroled after 4 months. He was also made to pay a fine of $1. It has been agreed that Juettner’s complete lack of greed was the rationale behind the light sentence. …

  Juettner returned to a life of normalcy, and lived out the rest of his days in the suburbs of Long Island, where he died in 1955, at the age of 79.

(Edit - thanks, leaving as a highlight)

One dollar in 1943 is worth about $19 today's dollars.

He started in 1938 and was arrested in 1948:

    1938 23.42
    1943 19.09
    1948 13.70

Enough to buy some supplies, but how did he pay the rent? Perhaps he owned his apartment.

https://www.in2013dollars.com/us/inflation/1948?amount=1

Fun fact: in parts of East Africa, a $50 bill may be worth about 60-70 $1 dollar bills, due to the $1 bill being easier to counterfeit (and also more likely worn down).

>He was also made to pay a fine of $1

I wonder if the cashier checked the bill closely when he paid it.

> References: > The 70-year-old retiree who became America’s worst counterfeiter. [link]

He evaded capture for 10 years, making him one of the best. Also got less than a slap on his wrist and ended up making legal money on the whole ordeal.