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A judge will determine your sentence based on your conduct, criminal history, and whether restitution needs to be ordered to any victim (and how much, if any!). Los Angeles criminal defense attorneys explain federal forgery and counterfeiting laws under U.S.C. § 471, definition, penalties, and fighting charges.Federal criminal defense lawyers explain counterfeiting currency laws under 18 U.S.C. § 471, which makes it a crime to falsely make or counterfeit money. Butler, No. 14-2770. 1 (Offenses Involving Counterfeit Bearer Obligations of the. Possession of firearm or other dangerous weapon in court facility. What Are the Federal Penalties for Using, Making, or Possessing Counterfeit Money? It is illegal to purchase counterfeit goods. (2) Pass, utter, sell, purchase, conceal, or transfer any counterfeit obligation or other security of the United States;. Title 18 §472 of the United States Code punishes anyone guilty of "uttering counterfeit obligations or securities.