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Man arrested for JAXPORT token scheme

4:48 PM, May 7, 2013   |    comments
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JACKSONVILLE, Fla. -- A man who was operating a cruise parking business was arrested Monday for allegedly passing off approximately $6,700 in counterfeit token notes to JAXPORT as legitimate.

Alexander Tosto, 51, is facing charges of Organized Fraud and Grand Theft, according to a Jacksonville Sheriff's Office report.

In the operation of his business, Tosto would allow people to park their cars for cheaper than they would at JAXPORT. Tosto's drivers would then shuttle passengers from his lot to the terminal.

Instead of paying cash upon each entry -- $10 or $25 depending upon the size of the van or bus -- Tosto's drivers would present token notes to get past the port's security gate.

Tosto allegedly began making counterfeit token notes by getting photocopies made between the summer of 2011 and August 2012, according to the police report.

A driver for Tosto told police that Tosto would tell the drivers to crumple the notes and step on them to make them look like they had been reused.

JAXPORT canceled the use of the token note at the end of July 2012. Tosto and the port entered into an agreement that they would reimburse him $6,655. These token notes turned out to not be genuine and Tosto was in possession of 474 counterfeit notes.

Tosto's bond was set at $15,003 and he was released from jail Monday night.

First Coast News

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