Tampa Bay man sentenced for printing counterfeit bills

A Spring Hill man has been sentenced to 30 months in federal prison for printing and passing...
A Spring Hill man has been sentenced to 30 months in federal prison for printing and passing counterfeit money.(WVLT News)
Published: Dec. 29, 2022 at 4:45 PM EST
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JACKSONVILLE, Fla. (WWSB) - A Spring Hill man has been sentenced to 30 months in federal prison for printing and passing counterfeit money.

Three other accomplices from Tampa have already been sentenced in the scheme.

Prosecutors say Derrick Collins, 32, was the source for counterfeit bills for his partners. After successfully passing the counterfeit currency at businesses, individuals paid Collins a portion of the proceeds.

The operation began to unraveled in March 2019, with deputies in Jacksonville conducted a traffic stop on a vehicle that contained several people, including Collins, at the River City Marketplace for suspicion of passing counterfeit Federal Reserve notes.

During a search of the vehicle, the officers recovered multiple counterfeit $100 bills throughout the vehicle and in the glove box. Subsequently, law enforcement was able to determine Collins was the source of the bills.

In November of that year, Collins was pulled over for suspected drunk driving in New Port Richey. During a search of the car, Police found several sheets of counterfeit $100 bills in various stages of manufacturing in the trunk, and computer media. In the vehicle’s glove box, officers located completed counterfeit cash and illicit proceeds from the passing of counterfeit cash, bundled together.

In addition to the prison term, Collins must forfeit computer equipment used to make the phony bills, along with $2,846.18 in illicit proceeds from his counterfeiting activities. Collins had been found guilty on Oct. 25 following a bench trial.