Richard Manuel Hudson is wanted by police on six counts of dishonestly obtaining a financial advantage by deception.

Police have been unable to find the 31-year-old in the Armidale area and applied to the local court for an arrest warrant to charge him, which was granted.

Armidale detectives allege he is involved in defrauding several people of close to $225,000.

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The Leader revealed the fraud sting on Friday, after two raids on motel rooms in Uralla and Armidale, as well as the arrest of 68-year-old Andrew Harold Hudson.

It's understood Andrew Hudson is the father of Richard, but Andrew is not charged with fraud offences.

In an out of sessions bail hearing on the weekend in Armidale Local Court, 68-year-old Hudson was released with several conditions.

He was not required to enter pleas to charges of dealing with the property suspected to be the proceeds of crime; and dealing with the proceeds of crime.

As part of his bail conditions, Andrew Hudson is to report to police in Armidale three times-a-week; live in Uralla; and must not contact or go near one person named in court documents.

He's been ordered to reappear in Armidale court later this month to enter pleas.

The investigation was launched in February into allegations of fraud in the Armidale area.

Detectives claim close to $225,000 is missing after multiple complainants came forward allegedly they had been defrauded.

Police have seized $8000 in cash and documents they claim are connected to the fraud, as part of the investigation.

As well as Friday's search of an Armidale motel room and car, police raided a motel room in Uralla on February 26 and seized a quantity of cash and other items connected to the investigation.

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