Fake Chips, 5 Years and $70,000

A man who was caught counterfeiting poker chips was sentenced this week. Fifty year old William Reece Lancaster was sentenced to five years probation. Reece made chips to play at the Seneca-Cayuga Tribe’s Grand Lake Casino in Oklahoma. He has to pay restitution costs of $70,000 and will serve the first six months of term in home detention. He could have spent up to ten years in prison and paid $250k in fines. The chips were made using small denomination poker chips he repainted to look like $500 chips.