A 46 year old man arrested in connection with the incident has been remanded in custody while further investigation is underway.
A local man has been arrested for the fraudulent transaction of US dollars, police said last night.
A 46 year old man was arrested in connection with the incident, which was reported to authorities last Wednesday.
He has been remanded in custody for 10 days while further investigation is underway.
Arrests for fraud involving dollar transactions are not uncommon, with recent cases including individuals caught selling dollars on the black market.