Man charged over counterfeit cash

NICOLE MATHEWSON
Last updated 14:28 27/02/2014

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A Christchurch man could face up to seven years' imprisonment after allegedly using forged banknotes.

The 30-year-old man will appear in the Christchurch District Court tomorrow on charges of possessing forged banknotes, obtaining by deception and using a document for pecuniary advantage.

He has also been charged with unlawful possession of a firearm and explosives.

The arrest follows a police warning to Christchurch retailers in August last year following reports of counterfeit $20 notes being used at shops in Riccarton.

At the time, police said the notes were not high-quality copies, but could look and feel genuine and could go undetected in a busy store.

Detective Mark Kolmer said eight counterfeit $20 notes had been recovered from three retail stores in the Riccarton area - The Warehouse, Countdown and Pak 'n Save.

The arrested man was initially confronted by staff at one of the stores, who noticed the counterfeit notes.

The man was spoken to police at the time and charged earlier this month after a police investigation into the incident and other unrelated offending.

Charges of possessing forged banknotes are punishable by up to seven years' imprisonment.

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- © Fairfax NZ News

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