Barrie police make arrest in counterfeit money laundering
A male and female face several fraud related charges related to $100
bills in counterfeit money passed around several Ontario communities,
including in Beeton.
Over the past two months, Barrie police reported a "sharp increase in
fraudulent canadian paper bills being tendered at local businesses." A
subsequent investigation identified a pair of suspects.
"The investigation revealed that between December 30th 2013 and
February 25th 2014, the couple passed in excess of 30 counterfeit $100
bills to unsuspecting victims in Barrie, Bradford, Beeton and Markham,"
according to the press release from Barrie police. "In most cases a
small purchase was made and a significant amount of real money recieved
in exchange for the bogus bills. Both the male and female are now
facing several charges including uttering counterfeit money, breach of
recognizance and breach of probation."
On Tues., Feb. 25th, a 29 year old Barrie female
and a 29 year old Brampton male were arrested and a search warrant was
executed at a Barrie residence. A vehicle was seized as offence related
property, a large quantity of cash and numerous counterfeit bills. Both
were held pending a bail hearing.