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2 Arrested In Counterfeit Currency Bust

Deputies: Men Passed Fake Bill At Outlet Mall Business

ST. JOHNS COUNTY, Fla. – Two Georgia men were arrested in connection with passing counterfeit currency in St. Johns County on Monday afternoon.

Karl Hollingsworth, 28, of Jonesboro, and Dennis James, 30, of Riverdale, were booked into the St. Johns County Jail with bail set at $10,000 each.

Deputies said they were called to the St. Augustine outlet mall just before 5 p.m. when a business reported an altered $100 bill being passed.

Deputies said the men had left the scene before deputies arrived, but an employee was following their vehicle onto International Golf Parkway from State Road 16.

Deputies said the employee lost the vehicle as it turned south onto Intestate 95 but gave deputies a good description of the Ford Explorer.

A deputy spotted the SUV traveling southbound just before State Road 16 and stopped it.

Deputies questioned the two men and a woman in the vehicle.

Investigators said the driver allowed them to search the vehicle, and they found numerous $5 bills, along with a printer and equipment that is used to wash ink from bills, and other counterfeiting equipment. Deputies said they also found several counterfeit $100 bills and property bought with the fake bills.

Hollingsworth is charged with possession of counterfeit currency and possession of tools for forgery counterfeiting. James is charged with passing a forged bill.

The woman was released after questioning.

The U.S. Secret Service is continuing the investigation.