Two men were arraigned Tuesday by a federal magistrate in Atlanta on charges that they produced nearly $1 million in counterfeit money.
Bobby Davis, 22, of Atlanta, and Michael L. Allen, 40, of Clayton County, conspired with a woman, since convicted, to print more than $900,000 in fake currency, according to the U.S. Attorney's Office in Atlanta.
The trio used color copiers and resume paper to pump out the fake cash over three weeks from December 2006 to January 2007, said U.S. Attorney Sally Quillian Yates. During the 2008 trial of their alleged conspirator, Terri Reddick, evidence surfaced indicating their intent to sell the counterfeit money or use it to buy drugs from Mexican distributors, Yates said.
Their caper was foiled by East Point police officers who were called to Reddick's house by a neighbor concerned about burglars.
On Feb. 16, Allen and Davis were indicted by a federal grand jury on charges of conspiracy and counterfeiting, which carry punishments of five to 10 years in prison, with fines up to $250,000.
Reddick, convicted in 2008, is serving three and a half years in federal prison.
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