Seven people have been arrested across Sydney and Melbourne in connection with a $6 million identity fraud syndicate.

The multi-agency Identity Security Strike Teams (ISST) executed 11 search warrants and seized manufacturing equipment and identity documents in raids yesterday.

It will be alleged in court that the principal of the syndicate, a 53-year-old Homebush Bay man is responsible for the manufacture and distribution of in excess of 200 fraudulent credit cards per week.

It is estimated that they were being used to purchase around $500,000 of goods per week.

The 53-year-old is alleged to have received credit card details from various sources overseas and on-forwarded the information to a 35-year-old Potts Point man, who allegedly produced fake credit cards as well as other identity documents.

The 53-year-old man then allegedly collected the credit cards and other identity documents he ordered and distributed them to supervisors to pass onto ‘shoppers’.