Counterfeit $100 bills used in ETX stores - WLOX.com - The News for South Mississippi

Counterfeit $100 bills used in ETX stores

Posted: Updated:
Cloyd Ray Knight III Cloyd Ray Knight III
TYLER, TX (KLTV) -

An Arlington man has been indicted by a federal grand jury for using counterfeit bills in several East Texas stores.

Cloyd Ray Knight III, 57, is charged with making and passing counterfeit one-hundred dollar bills. If he's convicted, he faces up to 20 years in federal prison.

According to the indictment, Knight used counterfeit one hundred dollar bills at the Target and Lowe's stores in both Tyler and Texarkana, on the same day.

Then he used a fifth counterfeit one hundred dollar bill a few days later, again at the Target in Tyler.

Authorities seized nearly two hundred items from him that are related to making counterfeit bills, including ink, paper, more than 30 printers, treasury seals, sheets of watermark security strips, and money plates.

KLTV 7 spoke with agent Robert Caltabiano with the Dallas office of the Secret Service. As part of the U.S. Treasury Department, they handle counterfeit cases.

Caltabiano couldn't offer specifics on this case, because Knight hasn't been tried yet. But, he says as a general rule, criminals aren't counterfeiting the "old" one hundred dollar bills anymore.

Caltabiano says stores put too much faith in the marker used to test large bills. All that marker checks is the paper the money is printed on, and criminals often wash real bills, then use the real paper to print fake money, so the marker won't catch those notes.

He says stores should pay more attention. If someone tries to buy an inexpensive item, or multiple gift cards, with a single one hundred dollar bill, there could be a problem.

Copyright 2013 KLTV. All rights reserved.

  • Most Popular StoriesMost Popular StoriesMore>>

  • Two injured Omega Protein plant workers speak out

    Two injured Omega Protein plant workers speak out

    Thursday, July 31 2014 6:54 AM EDT2014-07-31 10:54:16 GMT
    Two of the men injured in the Omega Protein explosion on Monday are speaking out about the deadly blast. In an exclusive interview with WLOX, the men describe what happened, and how they survived.More >>
    Two of the men injured in the Omega Protein explosion on Monday are speaking out about the deadly blast. In an exclusive interview with WLOX News, the men describe what happened that day, and how they survived.More >>
  • Prostitution sting nets 31 arrests

    Prostitution sting nets 31 arrests

    Tuesday, April 20 2010 11:21 PM EDT2010-04-21 03:21:00 GMT
    31 people are in trouble with the law after a three day prostitution sting in Richmond. Police told NBC12 they targeted specific areas where residents and business owners complained about the illegal activity.More >>
  • Fire destroys the Old Cuevas Bistro

    Fire destroys the Old Cuevas Bistro

    Thursday, July 31 2014 9:20 AM EDT2014-07-31 13:20:04 GMT
    "Destroyed." That is how Harrison County Fire Marshal Pat Sullivan described the aftermath of the Fire at The Old Cuevas Bistro on Menge avenue. Officials say the building caught fire around 11:30 WednesdayMore >>
    The owner of the Old Cuevas Bistro on Menge Avenue in Pass Christian says she does have insurance.  And she hopes to rebuild.  Rebuilding became necessary after a late night fire ripped through her restaurant.  "Destroyed." That is how Harrison County Fire Marshal Pat Sullivan described the aftermath of the fire at the Old Cuevas Bistro.More >>
Powered by WorldNow

208 DeBuys Road
Biloxi, MS 39531
(228) 896-1313

FCC Public File
EEO Report
Closed Captioning

All content © Copyright 2000 - 2014 Worldnow and WLOX. All Rights Reserved.
For more information on this site, please read our Privacy Policy and Terms of Service.