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 2014 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten or redistributed.)
- This Week In Golf: Navy Vet Billy Hurley III Wins Quicken Loans National
- DPD Search For 2 Suspects In Jewelry Theft
- Dallas Stars, Kings Swap U.S.-Born Prospects On Final Day Of Draft
- Top 5 NBA Free Agents Available
- Fort Worth PD Looking For Man That Stole Firefighter’s Wallet
- PHOTOS: Your Pet Pictures