Councilor: Don’t print fake bills

CEBU City Councilor Dave Tumulak urged internet cafes and printing outlets not to entertain customers who want to print fake bills even for school projects.

This came after agents of the Bangko Sentral ng Pilipinas (BSP) and police arrested Junrey Cagay, 28, last Saturday for selling fake bills worth P24,000 in the downtown area.

He made the fake bills in Josh Internet Cafe on Sanciangko St.

“Only the BSP is allowed to print banknotes. Doing otherwise violates the Revised Penal Code,” Tumulak said.

If students need fake bills for their school projects, it should have the words “not negotiable” or “toy money” written on it.

It should also be printed in a different size and paper so as not to create confusion, the councilor said.

The Cebu City Police Office (CCPO), on the other hand, asked the public to watch out for fake money that may be circulating in the market.

CCPO chief Joel Doria said they will give manpower and support to the BSP for their operations against fake bills.

“Even if he’s (Cagay) the only one who got caught, we’ll still be on the lookout for other counterfeiters,” Doria said.

He advised the public to scrutinize the security features that is printed on the bill to avoid being deceived.

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