WICHITA -A Eureka man pleaded guilty this week to making counterfeit money by “washing” old bills according to U.S. Attorney Barry Grissom.

Rusty D. Banning, 35, Eureka, Kan., pleaded guilty to one count of counterfeiting. In his plea, he admitted that in May 2014 he manufactured counterfeit $50 bills by “washing” genuine bills of smaller denominations and using a computer and printer to print the image of a $50 bill on the “washed” bill.

Sentencing is set for May 27. He faces a maximum penalty of 20 years in federal prison and a fine up to $250,000.

Grissom commended the U.S. Secret Service and Assistant U.S. Attorney Alan Metzger for their work on the case.