£30,000 of gold and silver seized

Published Saturday, 07 December 2013
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A man is due to appear in court after police seized a quantity of gold and silver worth £30,000.

£30,000 of gold and silver seized
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
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4 Comments
Heatseeker in Lisburn wrote (128 days ago):
He was arrested for fraud Russ, even an 8 year old would have gathered that from the article.
Belfast in Belfast wrote (128 days ago):
He was arrested for Fraud offences, not for having gold and silver. Read the article.
Ray in Belfast wrote (129 days ago):
I thought it was ok as long as you don't eat the chocolate before Christmas to Coin a phrase Bar none
Russ Sandlin in Qatar wrote (129 days ago):
Is it just me, or is it illegal now to own Gold and Silver in Northern Ireland? I thought the US was getting bad. Please clarify why he was arrested. I had no idea Gold and Silver was illegal contraband now.
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