The Atlanta Journal-Constitution reported Vincent Gerome Rome Jr., 25, pleaded guilty to counterfeiting Monday in U.S. District Court. He also pleaded guilty to being a felon in possession of a firearm.
He is to be sentenced Feb. 7.
"This defendant may have used an old-fashioned method to make counterfeit currency, but he made a staggering amount," U.S. Attorney Sally Quillian Yates said in a statement Tuesday.
Prosecutors said Rome spent two years bleaching $5 bills white, then running the bills through printing presses to make them into $100 bills. He then sold the fake bills to other people.