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Counterfeit Currency Bust in Perth

Perth, Western Australia (News4us.com) May 26, 2011

Counterfeit Currency Bust in Perth

Counterfeit Currency Bust in Perth

Australian Federal Police have arrested a 30-year-old man in Perth in relation to counterfeit currency charges.

The arrest on 25 May 2011 follows an operation in February this year in which Western Australian Police apprehended several offenders in possession of counterfeit Australian $50 notes.

WA Police stopped a vehicle yesterday in the suburb of Beldon. An initial search of the vehicle uncovered a number of $50 and $100 notes. WA Police then referred the matter to the AFP.

A subsequent search of the alleged offender’s vehicle by AFP officers found a laptop computer, printer, 25 uncut sheets of $50 notes (four notes per sheet, totaling 100 notes) and other items used for the manufacturing of counterfeit currency. A further four loose $50 counterfeit notes and 5 loose $100 counterfeit notes were also located in the man’s car.

Altogether, counterfeit Australian currency to the value of $5,700.00 was found.

The man has been charged with Manufacturing counterfeit money contrary to section 6 of the Crimes (Currency) Act 1981 (Cth) and also possession of counterfeit currency contrary to subsection 9 (1) of the Crimes Currency Act 1981, (Cth).

The maximum penalty for these charges is 14 years imprisonment.

The man is expected to face Perth Magistrate’s Court today (May 26).


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Posted by on May 26 2011. Filed under Featured News, Finance. You can follow any responses to this entry through the RSS 2.0. You can skip to the end and leave a response. Pinging is currently not allowed.

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