ABCAugust 19, 2013, 11:19 am
Police say they have cracked a Gold Coast syndicate which used tourists and backpackers to launder money.
Detectives from the Fraud and Cyber Crime Group searched a Mermaid Waters address on Friday and Saturday.
Police allegedly found details of foreign passports and bank accounts, forged documents, counterfeit money, weapons, computers and jewellery.
Police believe a group targeted tourists and backpackers - offering them jobs and taking their passports as part of the employment process.
Information in those passports was then used to sell counterfeit jewellery and open bank accounts.
A 29-year-old man was charged with the unlawful possession of weapons, counterfeit money and instruments of forgery.
He is due to appear before the Southport Magistrates Court on Thursday.