Police swooped on a Queanbeyan hotel on Wednesday afternoon, arresting a man wanted on several outstanding warrants for fraud offences.
Officers from Orana Mid-Western Police District had been searching for the 44-year-old man as part of an investigation into fraud incidents.
It will be alleged the man had been scamming people out of money by purporting to sell electrical goods, before taking deposits from people and ceasing contact, NSW Police said.
During the arrest at 1pm on Crawford Street, Queanbeyan, police allegedly located methylamphetamine and an amount of cash in the man's possession.
He was taken to Queanbeyan police station and charged with three warrants, as well goods in custody, possess prohibited drug and obtain benefit by deception.
He was refused bail to appear at Queanbeyan Local Court on Thursday.
NSW Police are also liaising with interstate police.
"It is believed he is wanted for similar offences in Queensland and Western Australia," police said.