Tools of the counterfeiting trade were among the many items found by local Mounties when they executed a search warrant in Maple Bay Thursday. (Submitted)

Mounties dismantle counterfeiters ring with raid in Maple Bay Thursday

Counterfeiting paraphernalia found along with firearms, stolen property as police swept in Nov. 23

The Cowichan Valley has moved into big time crime as local Mounties helped take down a counterfeit money ring Thursday.

“Stolen property from other jurisdictions and firearms were also seized as part of the investigation. Currency that was being produced was of multiple denominations, and from both Canada and the U.S. North Cowichan/Duncan RCMP is working with The United States Secret Service in relation to U.S. counterfeit currency,” said Sgt. Chris Swain.

North Cowichan/Duncan RCMP say they executed a search warrant at a house in Maple Bay on Nov. 23, as part of a larger investigation into the making of counterfeit currency, which led to the arrest of Jay Vulcan, 41.

“As part of a larger investigation, a search warrant was obtained for the residence in the 1200 block of Bazett Road in Maple Bay last night,” Sgt. Chris Swain said Thursday. ” A large quantity of evidence was seized, including printers and scanners, printed money, and other items used to produce currency.”

It all started earlier in the week but police were quick to get onto it.

“Vulcan was arrested Nov. 20, at a store in North Cowichan, attempting to return items purchased with counterfeit money. He was also found to have purchased items at another store nearby with counterfeit money as well,” Swain said.

Vulcan was in court in Duncan Thursday.

“In total, Mr. Vulcan faced five new charges this week that were counterfeiting related, prior to the execution of the search warrant. Mr. Vulcan is already facing multiple counterfeiting related charges that are currently before the courts or still being investigated, as well as the new charges,” Swain continued.

The RCMP are hopeful that there’s more to come from this raid.

“The search warrant that was executed at his residence and the seizure of evidence may also lead to new charges, and strengthen existing cases. Other people were arrested inside the residence and are also facing charges and under investigation. In the last several months, Cowichan Valley businesses have seen a dramatic increase in the receipt of counterfeit currency. Hopefully the work put into this case, the seizure of evidence and the charges laid will put a severe dent in this criminal enterprise,” Sgt. Swain concluded.

Just Posted

Port Alberni receives provincial funding for food hub

Seafood processing hub will be operated by Port Alberni Port Authority

New owner ‘walking away’ from derelict Arrowview Hotel after one week

WorksafeBC issues stop work order; owner Stan Pottie says cost to continue too high

NDP leader Jagmeet Singh to campaign in Port Alberni

Singh joins Courtenay-Alberni candidate for rally to kick off final weekend before election

BC Transit to offer free bus services in Port Alberni on Election Day

Alberni Valley residents will be able to ride the bus for free on Election Day

Scheer, Trudeau, Singh haggle over potential minority government outcome

If you believe the polls, it appears the Liberals and Conservatives are neck-and-neck

Kawhi Leonard, former Toronto Raptor, welcomed back to Vancouver at pre-season game

Fans go wild at pre-season game between L.A. Clippers and Dallas Mavericks at Rogers Arena

Greens and NDP go head to head on West Coast; Scheer takes fight to Bernier

Trudeau turns focus to key ridings outside Toronto after two days in Quebec

Canucks beat Stanley Cup champs 4-3 in a shootout

Leivo nets winner, Vancouver dumps St. Louis for fourth straight win

Campbell River homicide suspects arrested in Vancouver

Two men remain in custody, but have not been charged

‘The more you test, the more you find’: Beef recalls a sign of success, experts say

Despite appearances, experts say a recent rise in major recalls is not a sign of food supply problems

Scholars say religious vaccine objections can’t be traced to Biblical sources

Vaccinations are a requirement to attend class in Ontario and New Brunswick, while B.C. launched a demand this fall

ELECTION 2019: How would the major parties address Canada’s housing crisis?

Promises include speculation taxes, more affordable housing, and declaring housing a human right

With $4M investment, Camosun College offers first sonography program on Vancouver Island

Starting in May 2020 students from Vancouver Island can pursue a career in sonography

Most Read