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Northern Iowa man gets 2 years for making fake money

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April 26th, 2018 by Ric Hanson

CEDAR RAPIDS, Iowa (AP) — A northern Iowa man has been given two years in prison for making counterfeit $20 bills. Federal prosecutors say 42-year-old Victor Ineson Jr., of Forest City, was sentenced Wednesday in U.S. District Court in Cedar Rapids. He was ordered to make $240 in restitution to area businesses and serve two years of supervised release after he leaves prison.

He’d pleaded guilty, admitting that, from April through mid-May last year, he’d used chemicals to wash the print off lower denomination bills and reprint each bill to look like a $20 bill. He used some of the fakes at local retailers. Two other charges were dropped in exchange for Ineson’s plea.