Police charge man with fraud and weapons offences after raids at Waterloo

Kings Cross investigators have charged a man after he allegedly used multiple fraudulent bank cards to withdraw cash on numerous occasions at an Eastern Suburbs ATM earlier this year.

In April, officers attached to Kings Cross Police Area Command's Drug Unit commenced an investigation after receiving information related to fraudulent activity occurring at an ATM at Double Bay.

Following extensive inquiries, investigators executed search warrants at a home and a storage unit at Waterloo about 10am on Tuesday (14 December 2021).

During the searches, police seized multiple bank cards, which are suspected to be fraudulent, almost $24,000 in cash, electronic stun devices, ammunition, extendable batons, OC spray, and road spikes.

All items will undergo forensic examination.

A 76-year-old man was arrested at the home and taken to Kings Cross Police Station, where he was charged with 23 offences, including dishonestly obtain property by deception, give false/misleading info to specified persons/entities, recklessly deal with proceeds of crime over $5000, dishonestly obtain financial advantage etc by deception, possess ammunition without holding licence/permit/authority, and possess or use a prohibited weapon without permit.

The man was granted strict conditional bail and is due to appear at Downing Centre Local Court on Wednesday 12 January 2021.

Anyone with information about suspected fraudulent activity is urged to contact Crime Stoppers: 1800 333 000 or https://nsw.crimestoppers.com.au. Information is treated in strict confidence. The public is reminded not to report information via NSW Police social media pages.

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