Topic: Texan gets nearly 6 years for passing bogus cash | |
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Texan gets nearly 6 years for passing bogus cash
![]() 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. |
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Doesn't seem like enough time for a felon who fled.
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