A 29-year-old Biggera Waters man has been charged with multiple fraud offences and police are searching for two more persons of interest.shut down an alleged identity theft ring in Queensland which is suspected of generating more than $1million through fraud.Superintendent Brian Hay, of Queensland police's fraud and corporate crimes group, said a bank in Oxley alerted police on Thursday after a man tried to apply for a loan with suspicious documents.Investigations led the police to raid two homes on Sunday, one in Biggera Waters and one in Coomera, where they found 81 identification documents, including Queensland driver licences, Medicare cards, bank cards, credit cards and identification cards.Supt Hay said he believed some of the documents had been stolen and others had been home-made using computers laminators, stamps, paint and other equipment.He said detectives from the Oxley District Criminal Investigation Branch, together with the Identity Crime Unit and State Crime Operations Command, had shut down the organised identity crime syndicate.Police have identified two more men who may be able to assist with inquiries and are calling for public assistance as to their current location and activities.