Teen Learns Counterfeiting Doesn't Pay

By Marcus Gilmer in News on Jul 2, 2009 5:20PM

One enterprising Chicago teen is learning you can't sell fake money. The Secret Service arrested 18-year-old Arthur J. Williams III for selling counterfeit $100 bills. According to NBC 5:

The individual agreed to cooperate and purchased fake bills from Williams on three occasions. On June 16, Williams allegedly sold the person 24 counterfeit $100 bills for $480. He sold 30 additional bills for $600 on June 17, and another 10 for $200 on June 23, the complaint alleges. After each transaction, agents matched the serial numbers of the bogus bills and discovered counterfeits with the same numbers, totaling $112,900, had been passed in at least a dozen states nationwide in recent months.