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BOSSIER CITY MAN PLEADS GUILTY TO PRODUCTION AND SALE OF COUNTERFEIT U.S. MONEY

FOR IMMEDIATE RELEASE
February 21, 2014

SHREVEPORT, La. United States Attorney Stephanie A. Finley announced today that Corey Crosby, 23, of Bossier City, pleaded guilty before U.S. District Judge Donald E. Walter, to making and selling counterfeit Federal Reserve notes.

According to evidence presented at the guilty plea, authorities used a confidential informant to buy counterfeit money in the Shreveport/Bossier City area in June of 2013. Crosby was identified as the seller and manufacturer after the informant bought counterfeit money and uncut sheets of counterfeit money from him in denominations of $100, $20, and $10.  Investigators also matched Crosby’s fingerprints to a printer used to manufacture the counterfeit notes.

Crosby faces up to 20 years in prison, three years of supervised release, restitution, 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 was set for May 22, 2014.

The U.S. Secret Service - Shreveport Office, Caddo Parish Sheriff’s Office, Shreveport Police Department, and Bossier Parish Sheriff’s Office conducted the investigation.  Assistant U.S. Attorney Brandon B Brown is prosecuting the case.

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