Madison Man Sentenced to 14 Months for Passing Counterfeit $100 Bills

MADISON, WIS. - Timothy M. O'Shea, United States Attorney for the Western District of Wisconsin, announced that Alex J. Stubbs, 27, Madison, Wisconsin, was sentenced yesterday by U.S. District Judge William M. Conley to 14 months in federal prison for passing counterfeit U.S. currency. Stubbs pleaded guilty to this charge on September 19, 2024. He was also ordered to pay $3,400 in restitution.

Between July and November 2023, Stubbs and codefendant Cornelius Stewart presented counterfeit $100 bills to more than three dozen merchants throughout Wisconsin. Stubbs and Stewart presented the phony bills when making small purchases, thereby receiving significant amounts of change in legitimate U.S. currency. Stewart manufactured the bills and gave them to Stubbs in exchange for legitimate currency.

Stewart pleaded guilty on December 9, 2024. His sentencing is scheduled for February 27, 2025.

The charges against Stubbs and Stewart were the result of an investigation conducted by Madison, Fitchburg, Sun Prairie, Cottage Grove, Cross Plains, Lake Mills, Marshall, Verona, Shorewood Hills, Tomah, Oconomowoc Police Departments, as well as the Dane County Sheriff's Office and the United States Secret Service. Assistant U.S. Attorney Robert Anderson prosecuted this case.