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