Counterfeit Cash Kingpin Caught in Ohio

Delaware Man Charged with Passing Counterfeit $100 Bills

Wilmington, Delaware, resident William Powell, 23, has been charged with passing counterfeit United States currency in Ohio.

According to court documents, Powell allegedly passed counterfeit $100 Federal Reserve Notes. If convicted, the defendant’s sentence will be determined by the Court after review of factors unique to this case, including the defendant’s prior criminal record, if any, the defendant’s role in the offense and the characteristics of the violation.

The case is being prosecuted by Assistant U.S. Gregory C. Sasse, following an investigation by agents of the United States Secret Service.

An indictment is only a charge and is not evidence of guilt. A defendant is entitled to a fair trial in which it will be the government’s burden to prove guilt beyond a reasonable doubt.

Powell’s indictment is a significant blow to the counterfeiting underworld, and authorities are hailing the arrest as a major victory in the fight against financial crime.

The United States Attorney’s Office for the Northern District of Ohio is committed to protecting the public from financial predators like Powell.

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