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Press Release

Hot Springs Man Pleads Guilty To Using Counterfeit Money

For Immediate Release
U.S. Attorney's Office, District of South Dakota

United States Attorney Brendan V. Johnson announced that Jeffrey Walsh, age 35, of Hot Springs, South Dakota appeared before Chief U.S. District Judge Jeffrey L. Viken on January 28, 2013 and pled guilty to an indictment that charged him with Uttering Counterfeit Obligations of the United States. The maximum penalty upon conviction is 20 years of imprisonment and a $250,000 fine.

The charge relates to Walsh passing counterfeit twenty dollar bills at Rapid City stores Best Buy, Bed Bath & Beyond, Scheels All Sports, and Blockbuster in August 2012. The investigation was conducted by the United States Secret Service, Pennington County Sheriff's Office, Rapid City Police Department, South Dakota Division of Criminal Investigation, and the Chadron Police Department in Nebraska. The case is being prosecuted by Assistant U.S. Attorney Wayne Venhuizen.

A presentence investigation was ordered and a sentencing date was set for June 7, 2013. The defendant was remanded to the custody of the U.S. Marshal pending sentencing.

Updated June 22, 2015