
PINEVILLE, N.C. (QUEEN CITY NEWS) — Two men from Mississippi are facing federal charges for using counterfeit U.S. currency to purchase high-end watches and other jewelry from a retail store in Pineville.
Robert Lewis Elliott III and Devin Alonzo Elliott of Okolona, Mississippi, are each charged with
conspiracy to pass counterfeit obligations and passing counterfeit obligations.
According to allegations in the indictment, in June 2025, R. Elliott and D. Elliott traveled to
Pineville to carry out a scheme to defraud a jewelry store.
The indictment alleges that, on June 26, 2025, R. Elliott, D. Elliott, and another individual entered the store and told a store employee they wanted to purchase approximately $300,000 in luxury watches and jewelry.
The men allegedly provided a $1,000 cash deposit and agreed to return the following day to finalize the transaction.
The indictment further alleges that on June 27, 2025, the men returned to the store to complete the purchase. R. Elliott provided a $10,000 stack of genuine $100 bills to the store employee to be counted.
After the employee verified the money using an electronic counter and a counterfeit detection pen, R. Elliott allegedly used a sleight-of-hand technique to swap the authentic bills with
a stack of counterfeit notes before placing the counterfeit bills into the store’s safe.
He then recycled the same stack of genuine bills, repeating the process until all the counterfeit currency had been placed in the safe.
The indictment alleges that after the store employee finished counting the money, he requested R. Elliott’s identification to complete the sale. R. Elliott said he wanted to buy more jewelry and needed to go to his car to get more cash and his identification.
The men then exited the store and fled, taking the watches and jewelry: a Patek Phillipe diamond watch ($90,000); an Audemars Piguet watch ($48,000); a Cartier watch ($25,000); four Rolex watches ($76,300); a rose Cuban link chain ($32,000); a gold bracelet ($17,500); a bangle bracelet ($8,200); diamond earrings ($1,000); and 24k pointer earrings ($2,000).
The men were released on bond. If convicted, they face up to five years in prison for conspiracy to pass counterfeit obligations and 20 years in prison for passing counterfeit obligations.
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