Half of Craigslist iPhone Counterfeit Currency Ring in Orange County Pleads Guilty

Sam June Kim counterfeit.jpg
A 24-year-old Orange County man indicted earlier this year with his buddy for targeting Apple iPhone sellers on Craigslist in a counterfeit currency plot has acknowledged he's guilty.

Matthew An faced six federal counts but pleaded guilty to one conspiracy charge and now faces a maximum prison sentence of five years of incarceration and a $250,000 fine.

Because of An's cooperation, Assistant United States Attorney Mark P. Takla has agreed to advocate for a "low end" sentencing range punishment that will certainly be easier than half a decade.

Sam June Kim--An's 29-year-old, alleged partner in crime--has not signed a guilty plea.

According to the federal indictment, Kim and An arranged to meet iPhone sellers who advertised on Craigslist and paid them fake money for the phones during a two-month period beginning in mid-February.

Federal agents claim the duo stole eight iPhones from seven duped individuals by passing $3,900 in bogus U.S. currency.

At the time of their arrests, the defendants had additional counterfeit bills stored at their residences, according to court records.

Both An and Kim remained locked in the Santa Ana Jail.

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