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NW Indiana man enters plea in counterfeit cash scheme

Updated: Tuesday, 25 Sep 2012, 11:59 AM EDT
Published : Tuesday, 25 Sep 2012, 11:57 AM EDT

HAMMOND, Ind. (AP) - A northwestern Indiana man has admitted in a federal plea agreement that he made more than $8,000 in counterfeit money.

Jerome Jerry Scott faces up to 20 years in prison and up to $250,000 in fines after signing a federal plea agreement Monday in which he states that he was producing counterfeit 20-, 50- and 100-dollar bills.

The Times of Munster reports the 23-year-old East Chicago man was arrested in June 2011 after police called to a home for a disturbance found that he was wanted on an active warrant.

Court documents say police found more than $5,000 in counterfeit money in Scott's pocket when they took him into custody. Another $3,000 in fake money was found in the home the following day.

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