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A man has been arrested following a warrant in Alderley Edge as part of an investigation into fraud offences.
On Monday 23 December, officers executed a warrant at an address in St Hilary’s Park, Alderley Edge.
This followed a morning briefing at Cheshire Police headquarters and involved officers from the force’s Cyber Crime and Economic Crime Units.
The warrant was in relation to a number of suspected investment fraud scams involving cryptocurrency.
A 59-year-old man was arrested on suspicion of fraud, money laundering and theft of a motor vehicle. He remains in police custody at this time.
A number of items, including a computer and a mobile phone, were also seized during the warrant.
Detective Sergeant David MacFarlane said:
“The warrant conducted this morning in Alderley Edge is the culmination of an ongoing investigation into a cryptocurrency investment scam which we believe has been taking place.
“This and the subsequent arrest shows how seriously we take fraud offences and we are committed to identifying individuals who decide to take advantage of people in this way.
“I hope that this ongoing investigation provides reassurance to members of the public and acts as a warning to anyone planning to commit such offences in the future.”