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Bonner County Man Sentenced for Counterfeiting Currency

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The following press release was published by the U.S. Secret Service on Sept. 27, 2016. It is reproduced in full below.

COEUR DALENE Daniel Keith Snyder, 51, of Hope, Idaho, was sentenced yesterday

for manufacturing counterfeit obligations, U.S. Attorney Wendy J. Olson announced. Senior U.S. District Judge Edward J. Lodge sentenced Snyder to twelve months and one day, to be

followed by three months home confinement, and three years supervised release. Snyder was

also ordered to pay $1,150 in restitution to counterfeit victims. Snyder was indicted by a federal

grand jury in Coeur dAlene on Jan. 20, 2016.

According to the arguments made in court, Snyder admitted that in late 2015, and early

2016, he manufactured counterfeit $50 notes that were passed at businesses in Sandpoint and

Ponderay. In mid-January 2016, the Bonner County Sheriffs Office and a U.S. Secret Service

agent served a search warrant at Snyders residence. During this search, investigators seized a

computer printer and other items that had been used to manufacture counterfeit currency. At

least forty-six notes were passed in north Idaho before Snyder was apprehended.

This conviction is the culmination of a collaborative effort by the Bonner County

Sheriffs Office, Ponderay Police Department, U.S. Attorneys Office and U.S. Secret Service,

said Resident Agent in Charge of the Spokane Office of the Secret Service Greg Ligouri. Ligouri went on to say, the Secret Service truly believes in the partnership approach to

policing. By working together, law enforcement has a greater impact on our communities and in

stopping those who prey on them.

The case was investigated by the Bonner County Sheriffs Office, Ponderay Police

Department, and the Spokane office of the United States Secret Service.

--DOJ District of Idaho

Source: U.S. Secret Service

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