A U.S. District Court indicted 43-year-old Brian Loren Stowe of Waverly Aug. 11 on charges of manufacturing and dealing with counterfeit currency.
Authorities accuse Stowe of creating counterfeit money and selling approximately $900 of the cash to a confidential informant. According to Secret Service Agent Joshua Highfill, Stowe is to have allegedly bleached out used dollar bills to alter the denomination using a home computer and printer. He attempted to pass the money off at convenience stores where employees would not easily identify them as fake or test them out.
Jon Scoles, U.S. magistrate, released him pending trial but must be GPS monitored and had to abide by the following guidelines:
- Reside with his parents at their Waverly home
- Give up his passport
- Must go through mental evaluation and/or treatment
- Submit to random drug testing
- Seek gainful employment
- Unable to enter casinos where counterfeit bills are often passed
Upon looking at Stowe’s criminal history, an Iowa Supreme Court justice calls Stowe a “Dr. Jekyll and Mr. Hyde”.
Stowe was once a standup citizen. He was a student at Drake Law School during the day and, at night, worked as a police officer and drug enforcement agent for several counties. Stowe graduated with honors in 2000 and had a position at Finley Law Firm in Des Moines. After five years, he was made a partner.
He also coached Little League and youth basketball, and in his spare time he was an author.
However, in May 2013, he was disbarred after a bit of legal trouble while on a cruise ship vacation in Belize. He was found to be carrying 1.3 grams of cocaine. His defense to the charge was that he was beaten, abducted, sexually abused and ransomed. He later pleaded guilty to the possession charge in Emmett County; but was given a deferred judgment so long as he sought drug treatment for 18 months.
According to Stowe, he suffered post-traumatic stress disorder, violent nightmares allegedly from the allegedly abduction and severe depression. However, he never sought treatment for them. Instead, he started to self-medicate using drugs, lost his wife and couldn’t work.
Stowe has also been accused and convicted of forgery, drugs and misappropriating client funds in Palo Alto County. The forgery charges stemmed from a case where he forged a client’s signature on two stolen check. He violated probation on the forgery charges when he tested positive for meth and didn’t attend the probation meetings.
If he’s convicted on the latest charges at his Oct. 19 trial, he faces up to 20 years behind bars for each guilty count.