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North Iowa counterfeiter going to prison

Victor Ineson Victor Ineson

Forest City man admitted to making phony $20s.

Posted: Apr 25, 2018 4:07 PM

CEDAR RAPIDS, Iowa – A Forest City man is going to federal prison for making phony $20 bills.

Victor Ineson, 42, pleaded guilty in November 2017 to manufacturing counterfeit currency. He confesed to using chemicals to wash the ink off lower denomination bills, then reprinting each side so they appeared to be $20s. Law enforcement says it found $335 in counterfeit money when it searched Ineson’s home in May 2017.

He’s been sentenced to two years in prison, followed by two years of supervised release. Ineson must also pay $240 in restitution to area businesses.

This case was investigated by the police departments in Forest City, Britt, Mason City, and Clear Lake.

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