Counterfeit money investigation – Further arrests




Detectives from the South Eastern Region’s Major and Organised Crime Squad are continuing with investigations in relation to the manufacturing and distribution of counterfeit Australian fifty dollar notes across the Gold Coast.
Officers overnight executed a search warrant at a Coombabah address where they located a man wanted in relation to allegedly passing of a number of counterfeit fifty dollar notes at various businesses on the Gold Coast. Officers also located a small quantity of drugs and a drug utensil.
A 29-year-old Coombabah man has been charged with four counts of passing counterfeit currency, possession of a dangerous drug and possession of a drug utensil.
He is expected to appear before the Southport Magistrates Court this morning.
Detectives from the Major and Organised Crime Squad are continuing with their investigations but want to remind business owners and small retail outlets of the continued presence of these notes on the Gold Coast and to be wary of large notes being used to purchase low value items.
While investigations are continuing, police are requesting anyone with information concerning the manufacturing and distribution of these notes to contact Crime Stoppers.
Anyone with information which could assist with this matter should contact Crime Stoppers anonymously via 1800 333 000 or crimestoppers.com.au 24hrs a day.
Crime Stoppers is a registered charity and community volunteer organisation working in partnership with the Queensland Police Service.
For all non-urgent police reporting or general police inquiries contact Policelink on 131 444.