Saturday, March 30, 2002

Six accused of counterfeiting

Indictments come out of Secret Service investigation

The Associated Press

        LONDON, Ky. — A federal grand jury in London has returned indictments against alleged members of two counterfeiting rings in eastern Kentucky.

        Six people are named in the indictments, which stem from investigations by the U.S. Secret Service of the two money-manufacturing outfits, one in Harlan with $1,550 in fake bills and one in Manchester with more than $200,000.

        The investigation in Harlan began after one of the men who worked at a Save-A-Lot grocery store exchanged $1,550 of the store's real currency for 31 fake $50 bills from one of his associates, said Rich Ferretti, a Secret Service special agent in Lexington.

        The associate had acquired the fake bills from a third man who worked at the Sears store in Harlan and used a company computer to produce them, Agent Ferretti said.

        The three were caught because they exchanged all the money on one day and the bank noticed it and called the Secret Service.

        Agents then went to the Save-A-Lot and confronted the employee, Tommy Jordan, 28, of Mary Alice. “He confessed,” Agent Ferretti said. Both Mr. Jordan and the go-between, Michael Saylor, 27, of Harlan, were indicted on one count each of distribution of counterfeit money, Agent Ferretti said. He said the Sears employee, Juan Landa, 22, of Harlan, was indicted on a count of manufacturing counterfeit money.

        The case in Manchester involved men who passed $1,000 to $2,000 in fake bills at local fast-food outlets and supermarkets, Agent Ferretti said.

        In July, agents seized more than $200,000 at the home of Wade Rice, 71, of Manchester, he said.

        Agent Ferretti said Hubert Goins, 44, of Annville was indicted Thursday on one count each of manufacturing and distribution of counterfeit money; Mr. Rice was indicted on a count of passing and possession of counterfeit money and a count of distribution; and Clayton Napier, 35, of Manchester was indicted on a count of passing and possession of counterfeit money.


Race cases near deals
Opening Day marks start, end
Call her Cinci Freedom
Good Friday a time of hope
Terror colors Cross march
Mideast situation worries those with relatives there
UC teacher, students fear Mideast eruption into more bloodshed
Hometown Hero: Advocate for mentally ill
Hometown Navy man welcomed
Tristate A.M. Report
Victim's father struggles to cope with stabbing
MCNUTT: Neighborhoods
RADEL: Opening Day
SAMPLES: Storytellers
THOMPSON: Faith Matters
Judge orders community service
Springfield to lose its only taxi service
Change in Ohio tax law haunts state
Lima city workers ready to strike over contract
Motorist shot and wounded by gun dropped by officer
Ohio stamp stars Cleveland
Priest asked to leave his duties after accusation
Ex-deputy guilty of drug charges
Former bridge inspector admits soliciting bribes
Girl drowns in hotel indoor pool
Kentucky News Briefs
Lawmaker suggests subs to sink casinos
- Six accused of counterfeiting
Superintendent named
Tax issues occupy both houses of Ky. legislature
Way smoothed for car plant