US ATTORNEY: Florence Resident Sentenced to Federal Prison for Manufacturing and Passing Counterfeit Money
Columbia, South Carolina —- United States Attorney Sherri A. Lydon announced today that Joshua Ryan Nance, 28, of Florence, South Carolina, was sentenced to over three years in federal prison for his role in a conspiracy to manufacture and pass counterfeit money.
Evidence presented to the court showed that Nance was involved in a conspiracy to manufacture and pass counterfeit $100 and $50 bills in multiple states, including South Carolina and North Carolina. This conspiracy, which began in 2015, included at least nine co-conspirators who were responsible for making and passing over $100,000 in counterfeit money.
Nance and other conspirators manufactured counterfeit money at several residences in Florence, South Carolina. They produced counterfeit $100 bills on genuine currency paper, then visited various local businesses, where they would purchase small items or services with the counterfeit $100 bills in order to obtain genuine currency as change.
United States District Judge R. Bryan Harwell sentenced Nance to 46 months in federal prison, to be followed by three years of court-ordered supervision. There is no parole in the federal system.
The case was investigated by the United States Secret Service with the assistance of the Florence County Sheriff’s Office and the Florence Police Department. Assistant United States Attorney A. Bradley Parham of the Florence office prosecuted the case.
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