Ocala, Florida - United States Attorney Robert E. O'Neill announces that Raymond Earl Jones, Jr. (24, Ocala) pleaded guilty yesterday to four counts of making, selling, and possessing counterfeit United States Federal Reserve Notes. He faces a maximum penalty of 20 years in federal prison on each count. A sentencing date has not been set.
According to documents filed with the court, beginning on at least Oct. 30, 2012, and continuing through February 7, 2013, Jones manufactured more than $70,000 in counterfeit United States currency. On Nov. 15, 2012, at a gas station in Ocala, Jones sold $7,900 in counterfeit currency to another individual in exchange for genuine currency. On Dec. 18, 2012, near an Ocala shopping plaza, Jones sold $9,020 in counterfeit currency to another individual in exchange for genuine currency.
On Jan. 31, 2013, deputies from the Marion County Sheriff’s Office seized counterfeit currency and the equipment used to manufacture the notes from an Ocala residence where Jones was in the process of manufacturing counterfeit money. Jones was arrested by U.S. Secret Service agents on February 7, 2013. At the time of the arrest, agents recovered $60,400 in counterfeit currency.
This case was investigated by the United States Secret Service, the Marion County Sheriff’s Office, and the Ocala Police Department. It is being prosecuted by Assistant United States Attorney Andrew C. Searle.
Source: U.S. Department of Justice, Office of the United States Attorneys