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How a High School Dropout Turned Phone Book Pages Into $10 Million In 1996, the U.S. Treasury released a brand-new $100 bill β the most secure banknote America had ever made. Watermark. Security thread. Color-shifting ink. Microprinting. It was supposed to stop counterfeiters for good. Art Williams Jr. β a kid from the Chicago projects who dropped out of school and learned the trade from a counterfeiter called βDaVinciβ β saw it as a dare. He cracked it with a phone book, a pencil sketch of Ben Franklin on tissue paper, metallic car paint and a rubber stamp from a copy shop. The Secret Serviceβs own lab rated his work an eight or nine out of ten. By his own estimate, he printed around $10 million. So how did one of the best counterfeiters in America end up caught with crude fake bills in a shopping mall in Anchorage, Alaska? Why did he say it was love that brought him down? And how did his family end up with three generations of Williams men in prison for counterfeit money? This is the story of the man who beat the βuncounterfeitableβ $100 bill β and what it cost him. ββββββββββββββββββββββββ CHAPTERS 0:00 - Cold Open 1:54 - The Apprentice 5:33 - The New Note 10:46 - Because of Love 15:47 - The Recipe ββββββββββββββββββββββββ SOURCES & FURTHER READING NPR (23.07.2005) β Counterfeiter made up to $10 million in funny money: https://www.npr.org/2005/07/23/4768217/counterfeiter-made-up-to-10-million-in-funny-money Rolling Stone β The Last Counterfeiter (excerpt, Jason Kersten): https://www.rollingstone.com/culture/culture-features/last-counterfeiter-excerpt-art-williams-1234990843/ Gizmodo (13.08.2014) β The rise and fall of Americaβs greatest convicted counterfeiter: https://gizmodo.com/the-rise-and-fall-of-americas-greatest-convicted-counte-1619717823 WBEZ Chicago (17.06.2023) β The Bridgeport counterfeiter turned painter: https://www.wbez.org/culture-the-arts/2023/06/17/bridgeport-counterfeiter-painter-arthur-j-williams U.S. Court of Appeals, 9th Circuit β United States v. Williams (2004): https://www.courtlistener.com/opinion/8450579/united-states-v-williams/ U.S. Attorneyβs Office, Northern District of Illinois (2009) β Arthur J. Williams III charged: https://www.justice.gov/archive/usao/iln/chicago/2009/pr0701_01.pdf NBC LX β How a master counterfeiter went from prison to the Hollywood art scene: https://lx.com/money/how-a-master-counterfeiter-went-from-prison-to-the-hollywood-art-scene/36434 Wikipedia β Arthur J. Williams Jr.: https://en.wikipedia.org/wiki/Arthur_J._Williams_Jr. ββββββββββββββββββββββββ MORE FROM LUME Subscribe for more true stories about cheats, loopholes, hidden systems, and ordinary people who found a crack in something everyone else thought was airtight. Join our Discord community: / discord Watch our movie channel: / @lumz-cinema Watch our vertical drama series: https://lumz.ai/ Our production studio: https://lume-studio.ai/ Follow on Instagram: / goldyai.me Advertising & Business Inquiries: [email protected] ββββββββββββββββββββββββ ABOUT THE CHANNEL Lume tells true stories that feel impossible β loopholes, hidden systems, strange history, scams, and ordinary people who found themselves inside something far bigger than they expected. If you like documentary-style stories that are sharp, cinematic, and impossible to forget, subscribe for more. ββββββββββββββββββββββββ #Counterfeit #FakeMoney #ArtWilliams #SecretService #TrueCrime #TrueStory #Documentary #Lume
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