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Sunday, November 7, 2021

Police warn public over fake peso bills

POLICE WARNED the public against the proliferation of counterfeit peso bills following the separate arrest of two persons in Cebu City for manufacturing and in possession of fake P500 and P1000 bills.

The duo, Ivan Noval Luardo and Joseph Mercado Salas, were arrested by the members of the Banko Sentral ng Philippines and the Criminal Investigation and Detection Group for illegal possession and use of false treasury or banknotes.

Seized from the suspects were P112,000 worth of counterfeit peso bills from the suspects.

“I instructed the CIDG and other unit commanders to step up intelligence-gathering and operations, in coordination with the Bangko Sentral ng Pilipinas, to ensure that those who benefit from this modus will not be given the opportunity to victimize our kababayans,” said National Police Chief, General Guillermo Eleazar.

He also urged the public to familiarize themselves with the security features of genuine peso bills to avoid falling prey to the use of fake banknotes.

Maaaring kulong ang sapitin ng sinomang magtatangkang gumamit ng pekeng pera sa anumang transaksyon. Agad ninyong idulog sa pinakamalapit na police station o kaya’y i-report sa ating PNP E-Sumbong platforms kung kayo ay nabiktima o napasahan ng counterfeit na pera para agad ay magawan namin ng kaukulang aksyon at mahuli ang gumagawa nito,” Eleazar said.

Police did not provide other details on the background of those arrested or whether they are members of a syndicate. (Christopher Lloyd Caliwan)



BP