- Associated Press - Tuesday, June 24, 2014

TYLER, Texas (AP) - A North Texas man who meticulously made and spent more than $400,000 in fake money has been sentenced to nearly six years in prison.

A federal judge in Tyler on Tuesday sentenced 58-year-old Cloyd Ray Knight III of Arlington in a case involving bogus $100 bills.

Knight in May 2013 pleaded guilty to passing counterfeit bills. He fled but was recaptured in January.

Prosecutors say Knight since 2004 developed a counterfeiting process that included using newspaper print paper, painting the paper with acrylic, printing simulated watermarks and security threads on the paper and spraying the fake notes with a dulling coat.

Knight operated in Texas and Louisiana by using counterfeit bills to purchase goods and receiving legitimate cash as change.

Knight was sentenced to 69 months behind bars.


Copyright © 2018 The Washington Times, LLC.

The Washington Times Comment Policy

The Washington Times welcomes your comments on Spot.im, our third-party provider. Please read our Comment Policy before commenting.

 

Click to Read More and View Comments

Click to Hide