Related Federal Cases
Counterfeit Cash Scam: Man Found Guilty
Orlando Man Faces Up to 5 Years in Prison
An Orlando man has been found guilty of conspiring to possess and pass almost $10,000 in counterfeit money, according to a guilty verdict handed down yesterday in federal court. Ibrahim Issa, 23, of Orange Park, was indicted on March 20, 2013, and a superseding indictment was filed on May 1, 2013.
According to testimony and evidence presented at trial, Issa agreed to hold almost $10,000 in counterfeit $100 bills at his cell phone store in Orlando. He was then told to give the money to a family friend who was scheduled to return the fake money to someone in the Tampa/Sarasota area as part of a larger counterfeit money scheme.
Issa’s role in the scheme was discovered by U.S. Secret Service agents after one of his employees stole $600 of Issa’s counterfeit money and spent the phony bills in the Orlando area.
U.S. Attorney Robert E. O’Neill announced the guilty verdict. Issa faces a maximum penalty of 5 years in federal prison. His sentencing hearing is scheduled for July 17, 2013.
This case was investigated by the United States Secret Service. It is being prosecuted by Assistant United States Attorney Joseph M. Schuster.
The investigation and prosecution of this case are a reminder of the importance of taking action against those who seek to profit from counterfeit money schemes. The U.S. Secret Service will continue to work tirelessly to protect our financial systems and bring those responsible to justice.
The guilty verdict in this case sends a strong message to those who would seek to engage in similar activities. We will continue to work to disrupt and dismantle these types of schemes, and bring those responsible to justice.
Key Facts
- State: Florida
- Category: White Collar Crime
- Source: DOJ Press Release ↗
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