Related Federal Cases
Ocala Man Pleads Guilty to Counterfeit Currency Charges
Ocala, Florida – In a shocking revelation, Raymond Earl Jones, a 24-year-old resident of Ocala, Florida, has pleaded guilty to manufacturing, possessing, and selling counterfeit United States Federal Reserve Notes.
According to the United States Attorney Robert E. O’Neill, Jones faces a maximum penalty of 20 years in federal prison on each of the four counts he pleaded guilty to. A sentencing date has not been set.
The investigation into Jones’ activities began on at least October 30, 2012, and continued through February 7, 2013. During this time, Jones manufactured more than $70,000 in counterfeit United States currency, which he then sold to unsuspecting individuals.
On November 15, 2012, Jones sold $7,900 in counterfeit currency to another individual in exchange for genuine currency at a gas station in Ocala. On December 18, 2012, Jones sold $9,020 in counterfeit currency to another individual in exchange for genuine currency near an Ocala shopping plaza.
On January 31, 2013, deputies from the Marion County Sheriff’s Office seized counterfeit currency and the equipment used to manufacture the notes from an Ocala residence where Jones was in the process of manufacturing counterfeit money. Jones was arrested by U.S. Secret Service agents on February 7, 2013, and at the time of the arrest, agents recovered $60,400 in counterfeit currency.
This case was investigated by the United States Secret Service, the Marion County Sheriff’s Office, and the Ocala Police Department. It is being prosecuted by Assistant United States Attorney Andrew C. Searle.
Defendant: Raymond Earl Jones, Jr.
Criminal Charges: Making, selling, and possessing counterfeit United States Federal Reserve Notes.
City and State: Ocala, Florida.
Exact Date: October 30, 2012 – February 7, 2013.
Sentence or Outcome: Pleaded guilty to four counts, facing a maximum penalty of 20 years in federal prison on each count.
Exact Date: February 7, 2013 (arrest date).
Amount: $70,000+ in counterfeit United States currency manufactured, $7,900 and $9,020 in counterfeit currency sold on two separate occasions, and $60,400 in counterfeit currency recovered at the time of arrest.
Key Facts
- State: Florida
- Category: White Collar Crime
- Source: DOJ Press Release â†â€â€
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