Counterfeiting Scheme Ends With 3 Arrests

PANAMA CITY BEACH - Bay County Sheriff's deputies are trying to figure out why three men were making counterfeit money.

Investigators arrested Brandon Varnadoe from Orlando, Michael Shiver from Georgia, and William Robertson from Georgia Friday.

Deputies received a call from a security guard at the Wyndham Bay Point Resort about a suspicious person. Authorities found the three men were in possession of a handgun with an altered serial number, which is a felony.

Investigators issued search warrants for their rooms and found dozens of counterfeit bills.

"We have people coming down. Spring break has started for us and if we can continue to help these things in the bud like we're doing, then it could be a good year for us. If we don't, it could be a bad year," said Sheriff Frank McKeithen.

There are multiple charges against the three men including possession of counterfeit money. One of the men, Robertson, has two outstanding warrants for counterfeiting money.