JACKSONVILLE FLA. (WWSB – Spring Hill man sentenced for passing and printing counterfeit money has received 30 months federal imprisonment
In the same scheme, three additional Tampa complicites have been sentenced.
Prosecutors claim that Derrick Collins was 32 and the origin of counterfeit bills. Collins received a share of the profits after he passed the fake currency to businesses.
In March 2019, Jacksonville deputies conducted a traffic stop at River City Marketplace on a car that was carrying Collins and several others in suspicion of counterfeit Federal Reserve Notes.
The officers found multiple fake $100 bills inside the car and the glovebox during an inspection. The bills were then traced back to Collins by law enforcement.
Collins was arrested in New Port Richey for drunk driving on November 1, 2012. The car was searched by police and officers found multiple sheets of fake $100 bills at various manufacturing stages in the trunk. Also, computer media. In the vehicle’s glove box, officers located completed counterfeit cash and illicit proceeds from the passing of counterfeit cash, bundled together.
Collins will be sentenced to a term of imprisonment and must also forfeit the computer equipment used in the creation of the fake bills. He is also responsible for $2,846.18 illicit proceeds. After a bench trial, Collins was found guilty of the charges on October 25.
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