A San Luis Obispo man was arrested Thursday for allegedly passing counterfeit bills at local businesses.
The San Luis Obispo Police Department has received several reports of counterfeit money being used at local businesses over the past two weeks, according to a news release. During their investigation, detectives identified Brandon Oakley, 29, as a suspect in the passing of counterfeit bills at two businesses.
Detectives arrested Oakley at a home in San Luis Obispo on outstanding warrants for burglary. While searching him, they found $500 in counterfeit $10, $20 and $50 bills on him, police said.
Detectives and the Secret Service obtained a search warrant for the home and found an additional $1,500 in counterfeit bills, plus counterfeit manufacturing equipment, counterfeit money in various stages of production, and narcotics and paraphernalia, according to the news release.
Oakley was booked into San Luis Obispo County Jail on suspicion of burglary and forgery. Bail is set at $40,000.