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Counterfeit money operation shut down by Oelwein police

OELWEIN – A counterfeit money operation in which two men were making fake money was shut down by Oelwein police.

The Oelwein Police Department has made arrests in relation to an investigation that involved the illegal manufacturing and distribution of counterfeit money.

On November 26, 2016, the Oelwein Police Department executed a search warrant in the 10 block of 6th Street NW. Officers seized items used to manipulate currency, printers, items used to manufacture currency, counterfeit currency and illegal drugs from the residence.

Officers also went to a residence in the 10 block of 2nd Avenue NW where they located and seized nearly $4,000 in counterfeit currency.

Oelwein Police have arrested the following persons in reference to this investigation:

Forrest Shane Spitzer, 41, of Oelwein – Fraudulent Practices, Class D Felony & Possession of controlled substances, Serious Misdemeanor

SPITZER, FORREST SHANE
SPITZER, FORREST SHANE

Michael Melvern Miller, 21, Oelwein – Fraudulent Practices, Class D Felony & Theft of Lottery Tickets, Class D Felony.

The investigation continues with further arrests and charges pending.

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