

1129: Russ Swain | The Good Mormon Who Made Bad Money
27 snips Mar 18, 2025
Russ Swain, a former counterfeiter and art forger, shares his wild journey from creating minor forgeries to elaborate counterfeit currency. He reveals how small ethical slips spiraled into a full-blown addiction to the thrill of risk and deception. With ingenious techniques like diamond dust for authenticity, he wove artistry into crime. Swain reflects on the heavy toll on his conscience, personal relationships, and faith, emphasizing the potential for redemption and the choice between using talents for good or harm.
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Hand-Painted Postage Stamp
- Russ Swain's counterfeiting career started with a hand-painted postage stamp.
- This creativity landed him a job as an art director, showing how thinking outside the box can be beneficial.
Failed Brochure Project
- Russ Swain borrowed $10,000 from a loan shark to finance a large brochure project.
- The project failed due to the client's racism, pushing Swain towards counterfeiting to repay the loan.
Counterfeiting Money
- Swain's knowledge of printing and design led him to believe he could counterfeit money.
- He decided to use 100% rag paper, similar to real currency, to start his counterfeiting operation.