Madison Co. Sheriff’s deputies bust multi-state counterfeit currency ring

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MADISON COUNTY, Ala. (WHNT) - On August 17, deputies with the Madison County Sheriff's Office made a traffic stop at the intersection of Highway 53 and Blake Bottom Road. The vehicle was occupied by 19-year-old Cornelius Phillips, 19-year-old Ronald Myers, 23-year-old Davontae Logan and 21-year-old Christopher Baxter. During the traffic stop Baxter and Phillips ran away and were caught a short time later.

During the investigation, deputies discovered Cornellius Phillips and Davontae Logan to be in possession of counterfeit currency. Christopher Baxter had a Hi Point .380 in his possession. Ronald Myers had marijuana and hallucinogenic mushrooms, investigators said. Phillips faces charges of possession of a forged instrument and attempting to flee and allude.

Ronald Myers faces charges of possession of a controlled substance and possession of marijuana. Davontae Logan faces the same forged instrument charges as Cornellius Phillips. Christopher Baxter faces charges of carrying a concealed weapon and attempting to flee and elude.

During the investigation deputies also recovered another handgun which was reported stolen and about $1,100 in counterfeit currency, mostly in the form of $50 bills. Investigators also seized a printer believed to have been used in the production of the fake currency. Investigators have reason to believe some of the individuals involved in these arrests are responsible for the production and distribution of up to $100,000 in counterfeit bills.

"Most of the offenses were being done in what I'm going to call the I-65 corridor. And so you can go all the way from Mississippi, Georgia, Tennessee and Alabama, where the primary locations where the $50 bills were being passed," explained Lieutenant Michael Salomonsky.

‚ÄčIf anyone feels that any of these individuals has passed them counterfeit currency please contact the Madison County Sheriff's Office Criminal Investigation Division at (256) 533-8820.