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Man charged following discovery of $800k cash believed to be proceeds of illegal tobacco

Friday, 22 November 2024 11:20:06 AM

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Raptor Squad officers have charged a man following an investigation into the sale of illegal tobacco products on the Central Coast.

About 6.10pm yesterday (Thursday 21 November 2024), Raptor Squad officers executed a search warrant at a home in Booker Bay.

During the search, police located and seized $833,025 cash, believed to be proceeds of crime, as well as steroids and Xanax.

A 26-year-old man was arrested at the scene and taken to Gosford Police Station, where he was charged with knowingly deal with proceeds of crime and two counts of possess/attempt to, prescribed restricted substance.

The man was refused bail to appear in Gosford Local Court today (Friday 22 November 2024).