Published Saturday, 07 December 2013
Gold and silver seized by police investigating fraud. (© PSNI)
Detectives, working in partnership with financial institutions, arrested the 36-year-old on a charge of fraud by misrepresentation.
The arrest followed on from the search of a property on Thursday.
The man is due to appear at Belfast Magistrates' court on Saturday.
Detective Inspector Ian Magee said: "Estimates put the cost of fraud in the UK at £38.4 billion annually.
"Fraud is not a victimless crime. Police have been working closely with businesses and financial institutions across Belfast to increase awareness of the various ways that fraudsters can target businesses.
"Police take seriously any allegations of fraud and will investigate them.
"We would advise anyone who believes they may be a victim of a fraud to report it to us on 0845 600 8000."
© UTV News