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As of closing September 9, 2010


Fake P200 bills circulating in Tacloban

Posted at 09/25/2009 3:18 PM | Updated as of 09/25/2009 3:18 PM

TACLOBAN CITY - The local office of the Bangko Sentral ng Pilipinas (BSP) has expressed alarm over the sudden increase of counterfeit P200 bills circulating in the city and in some parts of Eastern Visayas.

The local BSP said 91 fake P200 bills have been recovered by its operatives and the police from January to July this year compared to last year's 14.

BSP Tacloban's actig deputy director Leonides Sumbi said several counterfeit money in denominations of P100, P500 and P1,000 have also been circulating in the city.

The BSP is encouraging victims to surrender the fake money in their possession and refrain from circulating them back to the market.

Sumbi said BSP-Tacloban is closely working with police to identify the group behind the counterfeit money. He said the BSP has also set aside bounty money for those who can help the agency arrest the counterfeiters, but declined to specify an amount.

Meanwhile, BSP-Tacloban is scheduled next month to conduct a public forum to better inform the public on how to identify fake bills.

1 comment

ASK THE POLICE

LEONIDES SUMBI BETTER GO TO THE POLICE HEADQUARTER. STOP TALKING, ASK THE POLICE OFFICERS..THEY KNEW THE CULPRIT BEFOREHAND..POLICEMEN MEN WERE TRAINED TO DO WHAT THE CRIMINALS ARE PLANNING IN ADVANCE. BETTER USE YOUR HEAD AND CLOSE YOUR MOUTH... EVEN THE NBI KNOWS HOW TO MANUFACTURE BILLS...YOU FORGOT THAT POLICEMEN ARE BETTER EQUIPPED THAN THE CRIMINALS...THEY ARE THE FUTURE CRIMINALS IN ACTION...CORRUPTION IS NOT THEIR LINE OF WORK ...THEY ARE PLAIN AND SIMPLE FUTURE CRIMINALS AND TERRORISTS OF THE LAND...CHECK THE STATISTICS...



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