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News

Man in court on money charge

By: Sarah Clarke

Published: 10:43, 08 May 2010

Updated: 10:43, 08 May 2010

Folkestone magistrates court

A man has appeared in court today charged with producing fake money.

Colin Edgar, 36, of Priory Place in Faversham was arrested on Thursday, after police found equipment capable of producing millions of pounds worth of counterfeit notes.

The 36-year-old went before Folkestone magistrates this morning, Saturday, charged possessing articles for producing counterfeit notes, money laundering and counterfeiting euros and Sterling

He was remanded in custody and is due to appear in court again on Monday, May 24.

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A unit on the Woodfalls industrial estate near Yalding, Maidstone, and a property in Faversham were searched during a joint investigation involving the Bank of England and specialists from the Serious and Organised Crime Agency.

A 37-year-old Faversham woman who was also arrested in connection with the investigation has been released on police bail until June 16.

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