Two charged over alleged building fraud

Two people have been charged with hundreds of offences following an investigation into the alleged use of fraudulent builders' licences.

A 54-year-old Sydney man was on Thursday arrested in Melbourne's CBD while a woman was arrested at Reservoir, in the city's north.

Both were charged with 300 offences, including multiple counts of obtaining property by deception and making false documents, in Victoria between 2013 and 2015.

They are expected to face Melbourne Magistrates Court on May 6.