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

LETTER TO THE EDITOR: Cassidy can’t support airport development

Environmental assessment needed on land overtop of aquifer, says letter writer

Sound mixer stolen from Nanaimo nightclub

Nanaimo RCMP ask for tips about theft of sound mixer from Koncept Nightclub

Memorial for drug overdose victims on display at St. Paul’s Church in Nanaimo

Flags of Hope Overdose Awareness Display at Chapel Street church until Aug. 29

QB McGarvey steers V.I. Raiders to first win of 2019 season

Raiders blow out Kamloops Broncos in home opener in Nanaimo

Traffic back to normal after accident at Island Highway-Brechin Road in Nanaimo

Accident involved truck and taxi at turn lane leading to Departure Bay ferry terminal

QUIZ: How much do you remember about Woodstock?

Weekend music festival in Bethel, New York, was held 50 years ago

Beefs & Bouquets, Aug. 15

To submit a beef or a bouquet to the Nanaimo News Bulletin, e-mail bulletinboard@nanaimobulletin.com

Canada ‘disappointed’ terror suspect’s British citizenship revoked

Jack Letts, who was dubbed “Jihadi Jack” by the U.K. media, has been detained in a Kurdish prison for about two years

Chrystia Freeland condemns violence in Hong Kong, backs right to peaceful assembly

There have been months of protests in the semi-autonomous region

B.C. VIEWS: Log exports and my other errors so far in 2019

Plastic bags, legislature overspending turn out differently

‘It’s just the freedom:’ Paralyzed Broncos player pursuing life on the water

The former Humboldt Broncos goaltender, who started in the net when he was nine, was paralyzed last year

Canadians killed in Afghanistan honoured during emotional dedication ceremony

One-hundred-fifty-eight Canadian soldiers died during the mission

It’s snow joke: Up to 30 cm of snow expected to fall in northeastern B.C.

Alaska Highway, Fort Nelson to be hit with August snowstorm, according to Environment Canada

‘I’m just absolutely disgusted’: Husband furious after B.C. Mountie’s killer gets day parole

Kenneth Fenton was sentenced to prison after he fatally struck Const. Sarah Beckett’s cruiser

Most Read