CALGARY – Police have charged two men after discovering hundreds of counterfeit credit cards in a southeast home.
Officers launched an investigation back in January, when a financial institution contacted police to report higher than normal fraud activity in Calgary.
On Friday, police executed a search warrant at a home in the 400 block of Mahogany Terrace S.E.
Inside, they discovered credit card skimming equipment and hundreds of fake credit cards hidden in a secret room in the basement.
Police allege the equipment was being used as part of a credit card manufacturing lab.
They also seized 552.7 grams of MDMA with a street value of over $60,000, $16,000 in cash and more than $20,000 in stolen property.
GALLERY: Police allege they seized more than $20,000 in stolen property from a home in Mahogany
Police have charged 31-year-old Dennis Ranuk with possessing instruments for forging or falsifying documents, possession for the purpose of trafficking MDMA, possession of MDMA and proceeds of crime.
In addition, 30-year-old Roman Garbar has been charged with possession of instruments for forging or falsifying.
Ranuk remains in custody and is scheduled to appear in court on Wednesday, May 7th.
Garbar is scheduled to appear in court on Tuesday, May 20th.
Additional charges are pending.