Tag page - counterfeit money

The Bangko Sentral ng Pilipinas (BSP) reported a sharp decline in counterfeit currency overall last year, though the regulator is contending with a sudden spike in fake polymer banknotes. According to the Bangko Sentral ng Pilipinas’ (BSP) annual report, documented counterfeit banknotes fell 17.1...

A 48-year-old woman was arrested on Wednesday night, May 20, after allegedly using a counterfeit ₱1,000 bill to pay for groceries in Barangay Flores, Malabon City. Based on the report of Malabon City Police (MCPS) Station Sub-Station 7, the suspect bought grocery items worth P300 at a consumer...

Police seized bundles of fake $100 bills equivalent to P27 million from a 60-year-old man who tried to exchange the counterfeit money to Philippine peso in Legazpi Village, Makati City on Monday, July 17. According to Southern Police District (SPD) director Police Brig. Gen. Kirby John Brion Kraft,...

A woman was arrested by the police for using alleged counterfeit money to pay her taxi fare on Dec. 7 in Taguig.  The suspect, identified as Elizabeth de Roxas, 40, was caught by Taguig police at Gate 3 on Chino Roces Extension in Barangay Fort Bonifacio, Taguig City. The counterfeit money used to...