Vincennes Police have reported the arrest of a Vincennes man for counterfeiting. 45 year old Clayton Adams was formally charged after being questioned by authorities at Police Headquarters Monday. His arrest follows reported cases of fake $100 and $20 bills being circulated over the last month at various Vincennes businesses. It has not been revealed if Adams is connected with the most recent reports of bogus bills this past weekend. The suspect in those reports was identified as a female driving a vehicle with Illinois plates. Adams was being held on $5000 bond in the Knox County Indiana Jail.