Camden Holds Four as Counterfeiters

Secret Service Men, After One, Bag Unexpected, More-Sought-For Suspect. Raiding a house at 403 Cherry Street, Camden, last evening for the purpose of arresting Luigi Vernello, against whom suspicion of passing counterfeit money has long been directed, Camden police and Secret Service agents, captured a man for whom government officers have been searching for months on a charge of being the maker of spurious coins. The later is Vincenzo Paolucci, aged 23 years, whose address is given as 912 South Twelfth street, Philadelphia. According to the police, he confesses to manufacturing counterfeit dollars and dimes. Two other Italians, Uco Belloassi and Michael Finnamore, are also under arrest in Camden on suspicion of being concerned in the circulation of the bogus money. When counterfeit dollars and dimes of good workmanship made their appearance in Camden several weeks ago Policeman Troncone, an Italian, was assigned to the case. It was not long before suspicion was directed to Vernello, and after both the suspect and his 13-year-old daughter were trailed for days to stores in different parts of the city sufficient evidence was had to justify an arrest. In the meantime Secret Service Agent Matthew Griffin declared that the stuff circulated in Camden was made by the same hand which manufactured that passed in Philadelphia, supposedly Paolucci. Though the officers were satisfied that Vernello had no hand in the making of the money, it was deemed best last night to raid the Cherry Street house, little dreaming that Paolucci was there. In the raiding party were Agents Griffin and Tate, Policeman Troncone and City Detectives Brothers and Schregler. Three entered by the front way and the other two the back. Ascending to the second floor, Griffin was amazed to come face to face with Paolucci. The latter had a loaded pistol in his hand, but submitted quietly to arrest. Vernello was found in an adjoining room. A search of the house brought to light a melting pot and other tools which the secret service men say are used in counterfeiting. The prisoners and implements were sent to City Hall. The other two suspects were picked up on the street by Troncone. All will have a hearing today before United States Commissioner Morgan. It was stated last night at the Camden City Hall that Paolucci admits having gotten rid of sixty-five of a lot of 200 bogus dollars, and that he sold the "money" to other persons to palm off on the unsuspecting. It was also said that he had served time for counterfeiting.