Baltimore Man Receives 5-Year Sentence For Counterfeit Money Conspiracy
BALTIMORE (WJZ) -- A Baltimore man is sentenced to prison in a counterfeit money conspiracy and forced to pay back nearly $20,000.
A judge sentenced 54-year-old Larry Barringer, of Baltimore, Wednesday to five years in prison, followed by three years of supervised release, for conspiracy to pass counterfeit $100 bills and for conspiracy to commit money laundering.
The judge ordered Barringer to pay restitution of $18,600 and to forfeit $30,001, plus electronics involved in the scheme.
According to Barringer's plea agreement, from January 4 through March 5, 2013, Barringer conspired with his nephew, Donte Barringer, Jamarr Little and others to pass counterfeit $100 bills. Specifically, the conspirators used counterfeit $100 bills to purchase inexpensive merchandise and receive change in genuine currency; to purchase money orders and prepaid money cards, including Greendot cards; and to purchase expensive merchandise, such as computers. The conspirators exchanged the merchandise purchased with the counterfeit $100 for genuine U.S. currency and used the money orders and money cards purchased with the counterfeit bills to conduct other financial transactions.
The judge found that in the conspiracy to pass counterfeit money and in the money laundering conspiracy, the loss attributable to Barringer exceeded $30,000.
Donte Barringer, 37, and Jamarr Little, 21, both of Washington, D.C., have each pleaded guilty to the counterfeiting conspiracy and are awaiting sentencing.
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