Delaware State Police
News Release

Sgt. Joshua A. Bushweller
Cell 302.531.6522 

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http://www.state.de.us/dsp/pio/newsroom.htm.

Selbyville Woman Charge With the Production of Counterfeit Money

Released-Friday, February 15, 2008

Selbyville- The Delaware State Police recently charged a 31-year-old Selbyville woman with the production of counterfeit money.

Troop 4 detectives identified Jennifer Balascio, as the suspect during their investigation.  Investigators learned that Balascio possessed counterfeit denominations of five, ten and twenty dollar bills as well as forgery devices used to produce counterfeit money. 

On Wednesday, February 13^th, investigators obtained a search warrant.  Shortly after, the Delaware State Police Sussex County Drug Task Force Unit, Financial Crimes Unit, and the United States Secret Service responded to the thirty-eight hundred block of Mockingbird Lane  (Mallard Lakes) and arrested Balascio without incident.  During a search of the suspect's residence, detectives seized counterfeit money and computer equipment allegedly used to produce counterfeit money.     

Balascio was charged with the following criminal offenses :

• 2 Counts of Possession of Forgery Devices, Capable of Adapting Forgery (felony)
• 52 Counts of Forgery 1^st Degree/Alters Written Instrument of Another Person Without Authority (felony)

Balascio was arraigned and released on $27,000.00 unsecured bond.

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Last Modified: February 19, 2008.