A Georgia man has been charged with printing and using counterfeit $100 bills in metro Atlanta and other states.
According to Fox 5 Atlanta, David Gragg was arrested on multiple charges including forgery and possession of tools to commit a crime.
“There have been a lot of faded bills that have been reprinted to look like $20, but this is the first time we’ve seen this many $100 bills,” said John Walters of the Rome Police Department.
Police said the fake $100 bill was first discovered on January 28 at a coffee shop in Rome, Georgia. Investigators determined the bill was used by Gulag.
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David Gragg was arrested on several charges including forgery and possession of tools for the commission of a crime. (Floyd County Sheriff’s Office)
A search warrant was executed at Mr. Gragg’s home on February 9, and investigators found counterfeit banknotes and other items believed to have been used to make the banknotes.
“During the process of executing the search warrant, we discovered other counterfeit bills, computers, laptops, printers, scanners and everything needed to create more bills,” Walters said.
Gragg’s car has been seen on crowd cameras across metro Atlanta in recent weeks. Investigators tracked the counterfeit bills to the Atlanta area, other parts of the country, and as far as Cincinnati, Ohio.
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Police said the fake $100 bill was first discovered on January 28 at a coffee shop in Rome, Georgia. (Rome Police)
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“They looked very real. It took a lot of testing to determine they were fake,” Walters said.
“Please take all safety precautions and always be cautious when dealing with large claims,” he added.
The U.S. Secret Intelligence Service took over the investigation.
