Canberra businessman charged as prolific drug dealer across six drug types
Alexander James Bancroft, 35, was denied bail. He faces trafficking charges for six types of drugs.
Police arrested Bancroft on Saturday at his Turner home. Alexander James Bancroft was charged in the ACT Magistrates Court on Monday.
Bancroft faced charges for possessing banned weapons and suspected proceeds of crime. Bancroft also faced trafficking charges for cannabis, heroin, meth, cocaine, MDMA and ketamine.
Officers seized about $110,000 in cash and various drugs. They also seized two expensive cars: a BMW X5 and an Audi RSQ3, both bought recently with cash.
They seized a taser, handgun-shaped lighters, and three phones. The prosecutor said Bancroft posed a big risk of doing it again and destroying evidence.
Only one of his three phones had its password given. The magistrate denied bail.
- Alexander James Bancroft, 35
- Accused
- Turner, Canberra
- Location
- 110,000 dollars
- Cash seized
Why it mattersThe case shows how drug dealers with big cash lifestyles lead to police investigation.
AustraliaThe arrest represents a major operation by ACT Policing targeting drug supply to the Australian Capital Territory.
