May.08, 2010

A man is due to appear before at Folkestone magistrates later 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 has been charged with possessing articles for producing counterfeit notes, money laundering and counterfeiting notes.

A unit on the Woodfalls industrial estate near Yalding 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 45 year-old Faversham woman who was also arrested has been released on police bail.