The Banko Sentral ng Pilipinas (BSP) office in Legazpi City received from unnamed victims a total of 37 pieces of crisp but fake or counterfeit P1,000 bills from December to January this year.
Marlyn Paje, BSP-Legazpi manager, said that 15 pieces of the fake bills were turned over to them in December, and 22 pieces in January.
Paje told Bombo Radyo that the first 15 pieces were already forwarded to their central office in Manila by their cash department for proper disposition.
The official reminded anew the public to be aware of the proliferation of fake peso bills which are believed distributed by organized syndicates.
Paje said that anybody may seek their assistance if he wants to know what are the features of bogus money if compared to the genuine bills.
In the past years, fake peso bills, from P100 to P1,000 continued to exist in the market despite stern warning by authorities against the illegal activity.
Fake peso bills usually make use of inferior quality of paper, easy to rip and without the security markings, authorities explained.
Faking of official currency is considered economic sabotage.
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