Two men arrested in Floyd County for passing counterfeit currency

By MATT THACKER
Matt.Thacker@newsandtribune.com

September 05, 2008 12:31 pm

— Two men were arrested in Floyd County on Wednesday, accused by officers of trying to pass counterfeit currency into circulation.
James Wilard Hitner, 34, of New Albany, admitted to a Secret Service agent he manufactured $2,500 in fake currency at his home in the 4600 block of Quarry Road, according to court records.
Investigators seized a Hewlett Packard all-in-one printer, paper and razor blades they believe were used to make the currency. Investigators say Hitner told them some of the money was destroyed.
Hitner is charged with counterfeiting, a class D felony.
Douglas Weber, 25, of Jeffersonville was charged with conspiracy to commit counterfeiting, also a class-D felony, for trying to pass $1,000 of the currency.
Investigators say Weber went to Hitner’s home in mid-April to pick up the currency. They say he then sold the fake $1,000 to a man in Clarksville for $400 in genuine currency. Weber kept $100 and gave $300 to Hitner, according to documents.
Indiana State Police and the Secret Service began investigating after $500 in counterfeit currency was circulated at a business in Clarksville.
A warrant was issued in Floyd County Superior Court for their arrests Aug. 25, and they were booked-in and released Wednesday.
Bond was set at $20,000 court cash for both men, and each paid the required 10 percent to be released.
A class D felony is punishable by six months to three years in prison.

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