Man pleads guilty to selling, manufacturing counterfeit money - KSLA News 12 Shreveport, Louisiana News Weather & Sports

Man pleads guilty to selling, manufacturing counterfeit money

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SHREVEPORT-BOSSIER CITY, LA (KSLA) -

A Bossier City man is facing up to 20 years in prison after pleading guilty to making and selling counterfeit money.

Corey Crosby, 23, of Bossier City, entered the plea in U.S. District court on Friday.

According to evidence presented, authorities used a confidential informant to buy the counterfeit money from Crosby in the Shreveport-Bossier area in June of 2013.  Prosecutors identified Crosby as the seller and manufacturer after the informant bought counterfeit money and uncut sheets from him in denominations of $100, $20, and $10.  Crosby's prints were also matched to a printer used to make the bills, prosecutors said.

Crosby faces up to 20 years in prison, 3 years of supervised released and a fine of $250,000 for one count of counterfeiting obligations or securities.  He will also face the same penalties for one count of dealing in counterfeit obligations or securities.

Sentencing is set for May 22, 2014.  

The U.S. Secret Service, Caddo Sheriff's Office, Shreveport Police and the Bossier Sheriff's Office conducted the investigation.

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