Owatonna Man Pleads Guilty In Counterfeit Money Scheme
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MINNEAPOLIS (WCCO) – A 27-year-old Owatonna man pleaded guilty in Minneapolis Federal Court on Wednesday for his role in a counterfeit money ring that struck several businesses along I-35 between the Twin Cities and Iowa.
Daniel Jay Wilson pleaded guilty to one count of uttering altered U.S. currency. He was indicted along with seven others on Aug. 2 and entered his plea in U.S. District Court without a plea agreement.
He admitted that between Dec. 23, 2010 and June 21, he passed four fake $100 bills in the Mankato area. He also admitted he knew the bills where chemically washed $5 bills that were reprinted as $100 bills.
Wilson faces up to 20 years in prison for the crime. He will be sentenced at a later date.