Counterfeit $100 bills used in ETX stores - WDAM-TV 7-News, Weather, Sports-Hattiesburg, MS

Counterfeit $100 bills used in ETX stores

Cloyd Ray Knight III Cloyd Ray Knight III
TYLER, TX (KLTV) -

An Arlington man has been indicted by a federal grand jury for using counterfeit bills in several East Texas stores.

Cloyd Ray Knight III, 57, is charged with making and passing counterfeit one-hundred dollar bills. If he's convicted, he faces up to 20 years in federal prison.

According to the indictment, Knight used counterfeit one hundred dollar bills at the Target and Lowe's stores in both Tyler and Texarkana, on the same day.

Then he used a fifth counterfeit one hundred dollar bill a few days later, again at the Target in Tyler.

Authorities seized nearly two hundred items from him that are related to making counterfeit bills, including ink, paper, more than 30 printers, treasury seals, sheets of watermark security strips, and money plates.

KLTV 7 spoke with agent Robert Caltabiano with the Dallas office of the Secret Service. As part of the U.S. Treasury Department, they handle counterfeit cases.

Caltabiano couldn't offer specifics on this case, because Knight hasn't been tried yet. But, he says as a general rule, criminals aren't counterfeiting the "old" one hundred dollar bills anymore.

Caltabiano says stores put too much faith in the marker used to test large bills. All that marker checks is the paper the money is printed on, and criminals often wash real bills, then use the real paper to print fake money, so the marker won't catch those notes.

He says stores should pay more attention. If someone tries to buy an inexpensive item, or multiple gift cards, with a single one hundred dollar bill, there could be a problem.

Copyright 2013 KLTV. All rights reserved.

  • Local NewsLOCALMore>>

  • MS soldier surprises daughter at graduation practice

    MS soldier surprises daughter at graduation practice

    Thursday, May 24 2018 7:17 PM EDT2018-05-24 23:17:36 GMT
    Leslie Martinez's dad, who was stationed Afghanistan, showed up to cheers as his daughter was rehearsing on stage. (Photo source: Lamar County School District Facebook)Leslie Martinez's dad, who was stationed Afghanistan, showed up to cheers as his daughter was rehearsing on stage. (Photo source: Lamar County School District Facebook)

    An Oak Grove senior received quite the surprise at her graduation practice on Thursday.  Leslie Martinez's dad, who was stationed Afghanistan, showed up to cheers as his daughter was rehearsing on stage. Juan Martinez embraced his surprised daughter as the emotional moment was caught on camera.  Lamar County School District Copyright WDAM 2018. All rights reserved.

    More >>

    An Oak Grove senior received quite the surprise at her graduation practice on Thursday.  Leslie Martinez's dad, who was stationed Afghanistan, showed up to cheers as his daughter was rehearsing on stage. Juan Martinez embraced his surprised daughter as the emotional moment was caught on camera.  Lamar County School District Copyright WDAM 2018. All rights reserved.

    More >>
  • FDA warns teething medicines unsafe, wants them off shelves

    FDA warns teething medicines unsafe, wants them off shelves

    Wednesday, May 23 2018 9:43 AM EDT2018-05-23 13:43:09 GMT
    Thursday, May 24 2018 6:56 PM EDT2018-05-24 22:56:55 GMT
    The Food and Drug Administration said that various gels and creams containing the drug benzocaine can cause rare but deadly side effects in children, especially those 2 years and younger. (Source: FDA)The Food and Drug Administration said that various gels and creams containing the drug benzocaine can cause rare but deadly side effects in children, especially those 2 years and younger. (Source: FDA)

    The US Food and Drug Administration health is warning parents about the risks of teething remedies.

    More >>

    The US Food and Drug Administration health is warning parents about the risks of teething remedies.

    More >>
  • Morgan Freeman apologizes in wake of harassment accusations

    Morgan Freeman apologizes in wake of harassment accusations

    Thursday, May 24 2018 1:32 PM EDT2018-05-24 17:32:54 GMT
    Thursday, May 24 2018 6:56 PM EDT2018-05-24 22:56:41 GMT
    (Photo by Evan Agostini/Invision/AP, File). FILE - In this May 22, 2018 file photo, actor Morgan Freeman attends the 2018 PEN Literary Gala in New York. Freeman is apologizing to anyone who may have felt “uncomfortable or disrespected” by his behavior....(Photo by Evan Agostini/Invision/AP, File). FILE - In this May 22, 2018 file photo, actor Morgan Freeman attends the 2018 PEN Literary Gala in New York. Freeman is apologizing to anyone who may have felt “uncomfortable or disrespected” by his behavior....
    Actor Morgan Freeman has apologized for making anyone feel uneasy, in the wake of a CNN report in which multiple women accused him of sexual harassment or inappropriate behavior.More >>
    Actor Morgan Freeman has apologized for making anyone feel uneasy, in the wake of a CNN report in which multiple women accused him of sexual harassment or inappropriate behavior.More >>
Powered by Frankly