Man pleads guilty to felonies after $46K fake money found

2 years 1 month 3 days ago April 22, 2015 Apr 22, 2015 Wednesday, April 22 2015 Wednesday, April 22, 2015 4:59:00 AM CDT in News
By: The Associated Press

SPRINGFIELD, Mo. (AP) - A Springfield man is awaiting sentencing for making tens of thousands of dollars in counterfeit money.

Thirty-one-year-old Wendel Stewart pleaded guilty last week in federal court to counterfeiting, passing counterfeit obligations and possessing electronic images for counterfeiting. The Springfield News-Leader reports that he faces up to 30 years in prison on one count and 20 years on the other two, plus a fine of up to $1 million.

Authorities say he was washing one-dollar bills and printing images of larger denominations onto that paper.

Federal investigators searched Stewart's apartment in December and found about $46,000 in counterfeit money, along with $1 bills that were in the process of having the ink removed.

Agents also found more than $7,000 in successfully passed counterfeit bills that Stewart had made.

 

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