FAIRVIEW HEIGHTS MAN PLEADS GUILTY TO COUNTERFEITING
James R. Kane, 23, of Fairview Heights, Ill.-, pled guilty on May 31, 2011, to a two-count Indictment charging him for his involvement in local counterfeiting activities, Stephen R. Wigginton, United States Attorney for the Southern District of Illinois, announced today. Kane pled guilty to one count of manufacturing and one count of possessing counterfeit obligations of the United States. Each count carries a maximum term of imprisonment of 20 years, a $250,000 fine, and three years’ of supervised release.
On September 2, 2009, police apprehended an individual passing counterfeit currency at businesses in Belleville, Ill.- The individual told police that he had obtained the counterfeit currency from the defendant, whom he claimed made counterfeit currency at his residence. Based on this information, the United States Secret Service and local law enforcement interviewed other associates of the defendant who indicated that the defendant created counterfeit currency at his residence by bleaching low-denomination genuine currency and then using a color printer to imprint higher denominations onto the bleached currency. Based upon this information, a search warrant was executed at defendant’s residence in Fairview Heights, Ill.-, on September 3, 2009. Agents and police found a bleaching agent commonly used in counterfeiting operations, an inkjet printer, and approximately $9,000.00 of counterfeit currency in various stages of production.
Sentencing is scheduled for September 9, 2011. The guilty pleas follow an investigation by the Belleville Police Department and the United States Secret Service. The case is assigned to Assistant United States Attorney Kevin F. Burke for prosecution.