SAVANNAH, GA (WTOC) - Arthur L. Gibson Jr. 63, of Port Wentworth, pleaded guilty Friday in federal court to using counterfeit cash.
"The protection of the integrity of our currency is vital to the American economy. Those who traffic or manufacture counterfeit money can expect a full court press from the United States Secret Service. Placing into the stream of commerce counterfeit money poses a real and substantial risk to financial institutions and businesses across the country. These actions are criminal and this United States Attorney's Office will devote all available resources to identify and prosecute unscrupulous individuals who engage in this kind of criminal conduct. Our community deserves nothing less," said U.S. Attorney Edward J. Tarver for the Southern District of Georgia in a statement.
Gibson was sentenced for knowingly transferring eight phony $100 bills in Savannah on Aug. 30, 2011. He faces up to 10 years in prison and a $150,000 fine. A sentencing date will be set after the U.S. Probation Office conducts a presentence investigation, according to the U.S. Attorney's Office.