Greenbelt, Maryland – Ricco Darnell Taylor, 32, of Capitol Heights, Maryland, pleaded guilty to manufacturing and passing counterfeit currency.
The guilty plea was announced by Acting United States Attorney for the District of Maryland Jonathan F. Lenzner and Special Agent in Charge Matthew S. Miller of the United States Secret Service – Washington Field Office.
According to his guilty plea, from at least 2017 to December 2019, Ricco Darnell Taylor conspired with others, including co-defendants Keara Davis and Deon Jones, to manufacture and pass counterfeit currency.
Taylor manufactured the counterfeit currency using a printer at his home. Taylor gave the counterfeit currency to his co-conspirators or occasionally sold it. Taylor and his co-conspirators took the counterfeit currency to retailers in the area, where they used it to purchase merchandise.
The conspirators subsequently returned the merchandise and received genuine currency.
Taylor faces a maximum sentence of five years in federal prison for conspiracy to pass counterfeit currency and a maximum of 20 years in federal prison for manufacturing counterfeit currency.
As part of his plea agreement, Taylor will be required to pay restitution in the full amount of the victims’ losses, which the parties agree is at least $95,000.
U.S. District Judge Theodore D. Chuang has scheduled sentencing for June 4, 2021 at 2:30 p.m.
Taylor is currently in custody.
Mandatory Facts: Defendant: Ricco Darnell Taylor. Exact Criminal Charges: Manufacturing and passing counterfeit currency. City: Greenbelt, State: Maryland. Exact Date: 2021. Sentence or Outcome: Ricco Darnell Taylor faces a maximum sentence of five years in federal prison for conspiracy to pass counterfeit currency and a maximum of 20 years in federal prison for manufacturing counterfeit currency.
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Key Facts
- State: Maryland
- Category: Fraud & Financial Crimes
- Source: DOJ Press Release â†â€â€
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