Presque Isle man charged in case of counterfeiting

Posted June 10, 2009, at 9:17 p.m.

PRESQUE ISLE, Maine — A local man already in jail on burglary charges is now facing a charge of aggravated forgery after an investigation into several counterfeit $20 bills that were circulated to area businesses earlier this year, according to police.

Ryan C. Young, 28, was charged on June 4 in connection with manufacturing and distributing the bogus currency, Detective Sgt. Wayne Selfridge of the Presque Isle police said in a prepared statement issued Wednesday. Young is scheduled to appear in Aroostook County Superior Court on July 9 to be arraigned on the Class B felony charge.

The latest charge against Young came after an extensive investigation involving the U.S. Secret Service and Presque Isle police. The investigation found that $300 in bogus cash was printed, with several of the counterfeit bills recovered.

Young is incarcerated on burglary, theft and criminal mischief charges stemming from his arrest on Feb. 10 in connection with a break-in at a Presque Isle restaurant. Young and his roommate, Jean Louis Michaud of Presque Isle, were arrested at gunpoint by police during the execution of a search warrant at their apartment on State Street.

Michaud, who also remains jailed, faces several charges. Both men have been indicted by a grand jury and arraigned.

It was peripheral information obtained as a result of the burglary investigation that led to the charges against Young involving counterfeiting, according to police.

http://bangordailynews.com/2009/06/10/news/presque-isle-man-charged-in-case-of-counterfeiting/ printed on July 26, 2014