A man has been charged over multiple "Tap and Go" frauds after more than 100 credit and debit cards were discovered at a Sydney home.
NSW Police say they received multiple reports of fraudulent electronic transactions across Sydney in May.
Following extensive investigations, a 39-year-old man was arrested on Tuesday when a vehicle he was travelling in was intercepted.
Officers executed a search warrant at a home at Canley Heights in Sydney's west where they found more than 20 mobile phones and 100 credit and debit cards in various names, police said.
A ledger book containing stolen personal information was also found.
Officers also retrieved 160 gift cards totalling more than $40,000 as well as luxury jewellery.
The man has since been charged with four counts of dishonestly obtaining property by deception, two counts of dealing with identity info to commit an indictable offence, and recklessly dealing with proceeds of crime more than $5,000.
Police will allege in court the man used stolen banking and identification details to facilitate numerous fraudulent ‘tap and go’ payments and cardless cash withdrawals across Sydney.
The man was refused bail and will appear at Liverpool Local Court later on Thursday.
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