NBI arrests 3 for manufacturing fake peso bills

THE National Bureau of Investigation (NBI) arrested three persons last Friday on suspension of manufacturing fake Philippine bank notes.

Suspects Richard Ansus, Anthony Cuatico, and Irmalynne Pablo were arrested in a joint operation conducted by the NBI-Counter Terrorism Division and Bangko Sentral ng Pilipinas.

Twenty pieces of face P1,000 were recovered from the suspects during the raid at the LRC compound in Sta. Cruz, Manila.

The Manila Regional Trial Court branch 50 has issued a search warrant against Ansus, the alleged leader of the syndicate involved in the proliferation of counterfeit Philippine and foreign currencies.

In a press conference held Monday, NBI spokesperson Ferdinand Lavin said the operating teams seized assorted counterfeit bills from the suspects.

Complaints for violation of Revised Penal Code's Article 168 (Illegal possession and use of false treasury or bank notes and other instruments of credit) and Article 176 (Manufacture and possession of instruments or implements for falsification) were filed against the suspects. (SunStar Philippines)

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