American Coin Slot Machine Scandal

At real slot machines for sale we also provide a warranty on all slot machines for home use and program the slot machine according to your specification for bill, ticket, coin, or token validation. All reconditioned slot machines for sale that will be used in a home operate on 110 volts with a three-prong plug, and are ready to play. The American Beauty coin-operated Slot Machine by Paul E. Berger Manufacturing Co. (circa 1901), and it's history and background, photos, repair help, manuals, for sale and wanted lists, and census survey is brought to you by The International Arcade Museum at the Museum fo the Game.

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Benedict Colavecchio lived in Italy until 1903 when he decided to board a boat that was heading for America. After a few months of strenuous travelling, he finally arrived at Providence, Rhode Island.

Benedict made it his mission in life to live out the true American dream of being a business owner; he made high quality tools and eventually opened up two large tool shops.

After a few years, he met a beautiful woman named Dora, who he married and had three children with. Their first born son, Ronald, became a Jesuit in Brazil and their only daughter, Angela, married a rich man in Providence.

Their youngest child, Louis Colavecchio, went on a slightly different path than his other family members.

Louis Colavecchio was extremely intelligent, and he became the first person in his family to actually graduate from college. In 1964, Louis graduated from Providence College with a Bachelor’s Degree in Business because he inspired to open his own store just as his father had.

Louis saw a steady rise in the popularity of the jewelry market, so he opened up a store called Trop Jewelry Co. in Providence.

After many hours of hard work, this company finally started making a profit nearly ten years after it had opened up. From that point on, his company grew at a steady rate and Louis could finally afford his dream home. Louis brought a $130,000 house in a ritzy neighborhood.

This development was packed full of luxuries; tennis courts, a golf course, and a swimming pool that were available for residents only. They also had an elegant country club that only served high quality foods; Louis quickly grew accustomed to a certain lifestyle.

Unfortunately a few years after he moved, his life started crumbling before his eyes when Trop Jewelry Co. was broken into. Louis was at the store when everything was happening; the thieves tied him up and brutally tortured him.

Louis was left unconscious, only to wake up in a hospital bed and be informed that they took everything. Although the police were dedicated to finding out who did this, Louis and his company had to file for bankruptcy shortly after and none of the jewelry was ever recovered.

It took Louis a few years to get back on his feet, but he was still passionate about running his own business. He managed to open up a second jewelry store named, “Diamonds in the Sky,” which was filled with high quality diamonds and top of line security features.

A plethora of vendors came in and out of the store, to the point that his neighbors became suspicious; they wanted to know what was truly taking place in that store after hours.

They also were curious about the small, black sign that was always posted on the door of the jewelry store, as it mentioned nothing about jewelry. It read,

“Precision Molds, Models and Dies. Prototype Custom Work. E.D.M. Electrodes. E.D.M. Machining. **Appointment Only.”

Most jewelry stores were more open to the public, and nearby store wondered why there were never any customers in the store.

The neighboring store owners never would have guessed that most of his money was actually coming from the casinos and not his jewelry business.

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Louis was often travelling to Atlantic City on what he told his friends and family to be business trips, but in actuality he spent most of his time spent there playing the slot machines at Caesar’s Palace Hotel and Casino. Starting off, he had some success but he realized he didn’t have a big enough bankroll to support his new addiction.

He started looking for ways he could manipulate the machines into letting him play without inserting any coins, but his efforts were useless.

Finally, he thought there might be a way he could use some of his equipment from the jewelry store to make counterfeit coins to use in the machines. He gathered a couple of their coins and took them home to see what he could do.

Louis had an electric discharge machine that was used for developing different molds that could customize jewelry with various words, logos, or numbers. Before he went straight into the slot machine coins, he first tried to see if he could replicate poker and blackjack tokens, as he was less likely to get caught using this method.

Although he was able to do this with ease, he realized there was a lot more money to be made in the slot coin business, so he went back to focusing on that.

During the counterfeiting process, Louis was very meticulous about every detail that went on the coin, as the symbols on the coins had to match perfectly or the machines would reject them.

He was very nervous the first time he went to Caesar’s Palace with the fake coin, but it worked flawlessly.

Louis was able to play the slots for hours, without ever having to risk any of his own money. He made thousands of dollars a night doing this, all of which he used to maintain his prestigious lifestyle. He would often have a girl by his side at the casinos, and he was always eager to flaunt his money in front of her.

Louis played solely at Caesar’s for months before attempting to try to make counterfeit coins for other casinos in the area.

He eventually started visiting the Mohegan Sun Casino and Resort in Connecticut and had managed to make counterfeit coins that would work there as well. He started expanding how many casinos he had coins for, as he had mastered the art of counterfeiting.

In the meanwhile, Caesar’s took their annual coin inventory and noticed they had a surplus of $10 slot machine coins. They brought the New Jersey Division of Gaming Enforcement in to further investigate, and that’s when they discovered that the extra coins were actually premium counterfeit coins.

They sent word to all casinos in the area; Bally’s Park Place and Showboat Casinos checked for fake tokens and immediately found them.

The security of Caesar’s Palace and all casinos in Atlantic City were asked to be on the lookout for any suspicious people who may be involved in this scandal.

When Louis arrived the following weekend with his current girlfriend at the time, Donna Ulrich, their behavior caught the attention of the guards.

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They watched them closely for several hours, making a point to identify which machines they were using. After they exited the building, the police opened up the machines, only to find an array of counterfeit coins.

Soon after this discovery, Louis and Donna were taken into custody. The police found 750 pounds of counterfeit coins stashed away in his car, many of which belonged to other nearby casinos.

His coins were exceptional; Jerry Longo, who worked with the Mohegan Sun in connecting Louis Colavecchio to the crimes there said,

“I sat there for days looking at tokens under a microscope. It was unbelievable. I couldn’t tell the difference,”

in a phone interview with the Washington Times. There were apparently only very minor differences, not noticeable to the naked eye.

Casinos in New Jersey and Connecticut placed charges against Louis, who agreed to tell them how he had made the tokens in exchange for a slightly lighter sentence. He was sentenced to a total of seven years in prison for his crimes.

He was supposedly working with the Patriarca crime family, but he didn’t rat them out when his crimes were uncovered. Rumors were also going around that Louis was contacted in prison by the U.S. Mint who begged him to reveal how he replicated the coins so flawlessly.

The town of Providence was flabbergasted when they discovered what had been happening at Louis’ jewelry store. His family was known for operating honest businesses and this incidence tarnished the family name forever.

His family looked after the jewelry store while Louis was in prison, but they had his counterfeit tools and equipment auctioned off in hopes that he would never use it again.

Louis was finally released from prison in 2006. To say that he didn’t learn his lesson would certainly be an understatement, as he was arrested just a few months later for attempting to use counterfeit coins again.

He was released after someone anonymously paid his $25,000 bail.

After the first counterfeit coin incident, casinos have taken extra precautions to ensure that their slot machines are encrypted with the latest software, so that they would be able to detect counterfeit coins.

Nowadays, most casinos don’t even use coins for their slot machines. Most slot machines are electronic and work off of a reloadable card and some even print off paper vouchers that can later be transferred to currency.

Louis’ cheating tactics were explained in detail on one episode of the Breaking Vegas series that played on The History Channel. The episode was officially released in 2009, and the makers of the show called Louis “The Counterfeit King,” for his impressive handiwork.

Apparently, Louis took part in a numerous arson fires, shootings, and robberies in conjunction with the mafia. This includes the robbery of his first jewelry store, in order to get money from his insurance company.

It wasn’t until after the statutes of limitation for prosecution of these crimes that Louis actually came out and admitted he had committed these crimes.

More recently in November of 2013, Louis Colavecchio was arrested once again, but this time it was in direct correlation to drug trafficking. He was found with over four pounds of marijuana on hand and several plants were also discovered after the police searched his home.

Although he somehow managed to have a note from his physician explaining that he could use marijuana for medical use only, he had no way of explaining why he also had an excessive amount of cocaine in his house too.

Little is known about Louis’ personal life, but it has been recorded that he has been married twice over the course of his life. He divorced his first wife in 1980 and his second wife drowned to death in 2006.

Many rumors centered on Louis Colavecchio have spread over the years, making it hard to separate the truth from the lies.

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All we know for certain is that he successfully stole millions of dollars through the use of his intricate counterfeit coins.

Look around the casino – it’s filled with jingling, jangling slot machine games. These are the money makers, and everybody loves slots. They are fun to play and loaded with big winning potential. Slots games feature some of the biggest jackpots in the industry, and players love to spin and win with these casino games. Given that the typical payback on a slot machine game ranges between 80% – 100%, there’s plenty of incentive for cheaters to try and increase their odds of winning. Life-changing wins await players with progressive jackpot slots, and it’s precisely this reason that attracts cheaters to try and swing the odds in their favor!

If You Can’t Beat’em, Cheat’em: Slot Machine Cheats

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1. Inserting Cheat Codes into the Software

Only a handful of people have access to slots software. Back in the day, a notorious slots cheater by the name of Ronald Dale Harris rigged the slot machine code to ensure that he could generate winnings for himself. This crafty engineer won a fortune off slot machines, but his greed ultimately got the better of him. One day Harris and friend Reid Errol McNeal used a computer program to win a $100,000 Keno prize in 1995 in New Jersey. At that point the scam was up, and the former Nevada Gaming Commission (NGC) engineer was arrested.

2. Attaching a String to a Coin

This is otherwise known as the yo-yo trick. It requires the player to attach a piece of fishing gut to a coin. The coin is passed through the slot machine, registering a credit for the player. The player then fishes out the coin and redeposits to continue racking up additional credits. Unfortunately, these types of slot machine cheats never work today. The sophisticated software and in-game mechanics preclude the possibility of using this hack on slots.

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3. The Monkey Paw Trick

There was a cheater by the name of Tommy Glenn Carmichael. He is perhaps the most successful slots cheat in history, and he created several cheating devices over his career of ill repute. This includes the Light Wand (a device used to blind the optical sensor of slot machine games) and the famed monkey paw. He was testing various slots cheating mechanisms and stumbled upon a contraption that is genius in its simplicity. The monkey paw is simply a piece of metal and a string. When this device was inserted into the air vent of a slot machine game, it could trigger the switch to cause the coin hopper to pay out.

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4. Modified Coins for Slot Machine Games

American Coin Slot Machine Scandal

Cheaters understand that one of the biggest problems with slot machine games is the lack of money to play them. However, if it is possible to trick the slot machine into thinking that more money has been deposited, it’s much easier to win! It’s difficult to learn how to cheat slot machines, but if you can shave coins and bamboozle the machine you’re in with a winning chance.
Over the years, slots began using light sensors for recording payments. Various electromechanical components featured separate functionality of physical comparators and optic sensors. If a fake coin was inserted in the machine and it matched the dimensions of an authentic coin, the fake coin would be returned, and the credit would be registered for the slot game!

5. The Top-Bottom Joint Slot Machine Cheat

Here’s one for the ages. This ingenious device for cheating slot machine games was popularized during the 1970s and the 1980s. The top-bottom joint was a tool split into 2 unique parts. The top half consists of a metal rod bent in the form of a Q shape, and the bottom component consists of a long piece of wire.
This rather rudimentary device was designed to force a slot machine to release all the coins stored inside it. Of course, players were required to physically manipulate the top-bottom joint into the slot machine to manually force a payout. By the end of the 1980s, this quickly became one of the least effective slot machine cheats.
And there you have it players! The listing of top slot machine cheats courtesy of CaesarsGames.com. None of these techniques will work today, since slot machines are sophisticated gambling devices which are virtually impervious to manipulation. Play free slots online and perfect your gaming prowess – there’s no need to cheat!

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