Lafourche Parish Sheriff Craig Webre reported the arrest of a Galliano man being investigated for the production of counterfeit money. Terry Guidry (W/M, D.O.B. 09/04/68) of 115 W. 218th Street was arrested Friday, September 14 when agents caught him with $9,100 in counterfeit bills.
Agents with the Lafourche Parish Drug Task Force had been investigating Guidry for approximately one year in reference to producing counterfeit money. Through the course of their investigation, agents learned Guidry would likely be traveling with a large sum of counterfeit bills on Friday. With the assistance of Lafourche Parish Sheriffs Office detectives and patrol deputies, as well as the U.S. Secret Service, agents located Guidry traveling northbound on LA 308 in the Raceland area on Friday and conducted a traffic stop on his vehicle. After obtaining a search warrant for the vehicle, agents located $9,100 in counterfeit bills. Additionally, agents located a glass pipe commonly used for smoking crack cocaine, as well as suspected synthetic marijuana, a second smoking pipe, and rolling papers.
Agents also executed search warrants on two storage units under Guidrys name in the Galliano area, and they located numerous items believed to be involved in the production of counterfeit money. Further details are not being released as the investigation is continuing.
Guidry was eventually transported to the Lafourche Parish Detention Center in Thibodaux where he was booked with monetary instrument abuse and possession of drug paraphernalia. He is being held in lieu of $25,250 bond.