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Press Release

Passing $300 in Funny Money at Six Cedar Rapids’ Businesses Leads to Nearly Five Years in Federal Prison

For Immediate Release
U.S. Attorney's Office, Northern District of Iowa
Waterloo Man Previously Convicted of Attempted Murder and Armed Robbery

A Waterloo man who passed $300 worth of counterfeit money to six Cedar Rapids businesses was sentenced on April 2, 2019, to 57 months in federal prison.

David Cummings, age 38, currently living in Waterloo, Iowa, and originally from Chicago, Illinois, received the prison term after a September 27, 2018, guilty plea to passing counterfeit currency. 

In June 2018, Cummings passed counterfeit $50 bills to six Cedar Rapids businesses.  Cummings had a significant criminal history, including convictions for attempted murder and armed robbery and numerous parole and probation violations.

Cummings was sentenced in Cedar Rapids by United States District Court Judge C.J. Williams.  Cummings was sentenced to 57 months’ imprisonment.  He was also ordered to make $300 in restitution.  He must also serve a 3-year term of supervised release after the prison term.  There is no parole in the federal system.

Cummings is being held in the United States Marshal’s custody until he can be transported to a federal prison.

The case was prosecuted by Assistant United States Attorneys Matthew J. Cole and Justin Lightfoot and investigated by Cedar Rapids Police Department. 

Court file information at https://ecf.iand.uscourts.gov/cgi-bin/login.pl

The case file number is 18-cr-79.

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Updated April 4, 2019

Topic
Financial Fraud