News

Man Makes, Spends Over $400,000 In Fake Money Sentenced

View Comments
File photo of a prison cell. (Photo by GABRIEL BOUYS/AFP/Getty Images)

File photo of a prison cell. (Photo by GABRIEL BOUYS/AFP/Getty Images)

Featured Items

Small-WttNEW College Football Playoff System

Small-WttTinder Fun With Arian Foster Tweets

77820352_8Hot Cheerleader - Funny Faces 2014

From Our CBS Music Sites

77820352_8Awesomely Ugly Christmas Sweaters

77820352_8Houston Astros Tweet: Taylor Swift Concert Will Be Moved If They Make Postseason?!

459651046 Man Makes, Spends Over $400,000 In Fake Money SentencedThese Names Tend To Land On Santa's Naughty List

77820352_810 Weirdest Requests From Kids To Santa

Get Breaking News First

Receive News, Politics, and Entertainment Headlines Each Morning.
Sign Up

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 This material may not be published, broadcast, rewritten or redistributed.)

View Comments
blog comments powered by Disqus
Follow

Get every new post delivered to your Inbox.

Join 26,094 other followers