Three indicted in SD for converting $10 bills into $100 bills
RAPID CITY, S.D. -- Three people have been indicted by a South Dakota federal grand jury for converting legitimate $10 bills into counterfeit $100 bills.
The three, with ties to Oklahoma and North Carolina, were indicted on charges of conspiracy to manufacture counterfeit currency and passing of counterfeit currency.
The three facing the charges are Michael Glenn Ogden, 37, Mary Ellen Autry, 40, and Marcus Paul Franklin, 41.
The trio appeared last week before U.S. Magistrate Judge Daneta Wollmann in Rapid City and pleaded not guilty to the Indictment.
The maximum penalty upon conviction is up to 20 years in custody and/or a $250,000 fine. Restitution may also be ordered.
The South Dakota U.S. attorney’s office said the trio used printers, paper, and chemicals to convert the money and then passed thousands of dollars of the counterfeit $100 bills in South Dakota and other states.
The investigation is being conducted by the Rapid City Police Department and the United States Secret Service.
Ogden, Autry, and Franklin were taken into the custody of the U.S. Marshals Service pending trial. A trial date has been set for May 29.