Police arrest second man for distribution of counterfeit $50 notes

A SECOND man has been arrested in relation to counterfeit notes distributed in Young, Parkes, Forbes and Grenfell. 

A 28-year-old Cowra man was arrested on 11 charges including possessing and knowingly distributing counterfeit money, as well as possession of cannabis, after a search warrant was executed on a Jindalee Circuit home on Wednesday.

During the search warrant the clothing worn by the man, which was seen in the CCTV footage, was seized.

The man was on crutches in the CCTV and was wearing a distinctive bright blue cast on his leg.

The man made full admissions to the offences and confirmed it was him in the footage.

He was conditionally bailed and will appear in Cowra Local Court on May 7. 

His arrest follows that of another Cowra man, who was refused bail.

The 36-year-old was charged with 21 separate offences, including possession and distribution of fake $50 notes.

The arrests come after retail stores were targeted with the counterfeit notes in Young, Parkes, Forbes and Grenfell. 

Police are now confident that all counterfeit notes have been located and that there are no more in circulation. 

Inspector Gerard Powell told the Cowra Guardian no notes were believed to have been circulated in Cowra.

If anyone does feel that they have been dealt a counterfeit note, they are encouraged to take it to their local bank or local police station to have it authenticated.


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