Fake money seized in Lapasan
THE National Bureau of Investigation-Northern Mindanao (NBI-10) has announced the seizure of counterfeit peso bills worth P161,700 from a 36 year-old man in an entrapment operation in Barangay Lapasan Thursday, September 28.
Authorities identified the suspect as Charlie Quintana, a resident of Ilaya, Barangay Carmen, this city.
Quintana was brought to the City Prosecutors Office yesterday for the inquest proceedings as he was charged for violation of article 168 of the Revised Penal Code or the illegal possession and use of false treasury or bank notes.
But, authorities said the suspect may post bail.
Agents of NBI and the Central Bank of the Philippines recovered 74 pieces of fake P1,000 peso bills, including 158 pieces of P500 bills and 87 pieces of P100 bills.
Lawyer Hans Barbaso, NBI-10 regional director, said a tipster told them that the suspect will dispose counterfeit peso bills this week, prompting them to conduct surveillance and test buy, which turned out positive.
The entrapment was made when the suspect and the agents negotiated and agreed to meet in an establishment in barangay Lapasan.
“True enough sa gihimo nato nga test buy nakakuha ta og 2 pieces from the suspect ug nag-positive nga peke gyud siya according sa examiner,”Barbaso said.
Barbaso said the suspect is trading the fake money to his customers at a lesser price.
“Ang iyang baligya sa P1,000 is P350 sa P500 is P200 ug sa P100 is P25,” Barbaso added.
Authorities are still digging up as to where the fake money originates and the people behind its production.
Barbaso said the fake bills may have circulated already in the city.
“Giimbestigahan pa nato kung dugay na siya ug kung naa pa siyay mga kauban or sindikato kay sa among info karon pa nigawas iyang pangalan,”Barbaso said.
“Wala pa tay info kung kinsa iyang nabaligyaan kay lately pa ni sila ga-operate. Posible nga nag-circulate na siya maong hangyo nato sa katawhan nga magbantay,” Barbaso added.
Authorities are urging the public to be meticulous in determining the genuine bills from the fake ones.
Meanwhile, Quintana said there were people whom he cannot identify who handed him the money and trade it for a lesser price.
He said he has no stable job, thus forced him to engage in the illegal activity to survive.
The suspect was a member of Batang City Jail after he was convicted for frustrated murder and illegal possession of firearms charges. He was released last 2010.
“Tinuod na. Nabuhat nako tungod sa kawad-on. Naay mga tawo nga mohatag nako unya akong kita ani is ang tubo ra gyud,” Quintana said.
“Bag-o lang ko ani mga tunga-tunga sa September ug dili pa ko hanas. Kung naay mopalit moadto ko sa ilang balay or magkita mi,” Quintana added.
A worker washes a statue of Soviet Union founder Vladimir Lenin in St.Petersburg, Russia, Thursday, Sept. 28, 2017. On Nov. 7, 2017 some Russians will commemorate 100 years of Bolshevik Revolution.