Skip to content

Philippines Today

home of the Global Filipino

Menu
  • News Stories
  • Regional News
  • Business & Economy
  • Science & Technology
  • International
Menu

Trader busts suspect in circulating fake money

Posted on August 30, 2015

By Eduard M. Casulla

CAMP GEN. SIMEON A. OLA, Legazpi City, Aug. 30 (PNA) — An “ukay-ukay” (second hand items) trader busted a 33-year-old man believed to have been circulating fake money after receiving from him a bogus Php1,000 bill Saturday morning at his store on Ojeda St., Barangay Sta. Cruz, Naga City.

A police report identified the suspect as Marvin Uriza, married and resident of Ilangan Ganga, Majayjay, Laguna.

Victim-businessman Anthony Arcilla, 38, and owner of Arcilla Ukay-Ukay, said Uriza came at about 11:30 a.m. and bought several items from his store.

Arcilla said that after choosing several goods from his store, Uriza paid him a Php1,000 bill with serial number E065110 in payment for his purchases.

But when Arcilla examined the peso bill, he found it to be fake so he collared the suspect and brought him to the police station.

At the police station, its personnel found fake 22 pieces of Php1,000 and 13 pieces of fake Ph 500.

The police believe Uriza had already paid not only a few fake peso bills in various denominations to unsuspecting businessmen in the city.

Uriza is now in jail for violation of Bangko Sentral ng Pilipinas Circular No. 61 Series of 1995 as amended by Circular No. 829 Series of 2014 Section 8.

The police have already brought the fake peso bills to the BSP for proper investigation of the case.

They have appealed to the public to be extra careful about fake peso bills that are circulating, especially that election time is nearing. (PNA)

Share this:

  • Facebook
  • Twitter
  • LinkedIn
  • Pinterest
  • More
  • Tumblr
  • Reddit

Related

News Categories

  • Announcement (34)
  • Business & Economy (1,567)
  • Comment and Opinion (74)
    • Random Thoughts (18)
  • Current Issues (425)
    • Charter Change (1)
    • Election (228)
    • Population (6)
  • International (389)
  • Life In Japan (66)
    • Everything Japan (41)
  • Literary (34)
  • Miscellaneous (610)
  • News Stories (5,312)
  • OFW Corner (297)
  • Others (75)
  • People (408)
  • Press Releases (163)
  • Regional News (3,362)
  • Science and Technology (502)
  • Sports & Entertainment (287)

Latest News

  • BSP keeps policy rates anew December 17, 2015
  • NEDA cuts PHL additional rice import for 2016 by 25% December 17, 2015
  • DA cites serious implications of banning genetically modified products December 17, 2015
  • BBL is not yet dead – Drilon December 17, 2015
  • Comelec recognizes Duterte’s CoC for president December 17, 2015
  • NEDA chief sees 2015 growth at 6% despite typhoons December 17, 2015
  • House of Representatives ratifies bicam report on P3.002-T national budget for 2016 December 17, 2015
  • Cebu-based developer invests PHP430M to build 709 townhouse units in north Cebu town December 17, 2015
  • City gov’t eyes P75-M income from economic enterprise December 17, 2015
  • Baguio City LGU presents traffic plan for holiday season December 17, 2015

Archives

Meta

  • Log in
  • Entries feed
  • Comments feed
  • WordPress.org

Science and Technology

  • DOST-ICTO targets 500,000 web-based workers from countryside by 2016
  • (Feature) STARBOOKS: A ‘makeover’ for librarians
  • Science, research reduce ‘cocolisap’ hotspot areas in PHL
  • Montejo to further improve PAGASA and empower scientists
  • 1st PPP in biomedical research produces knee replacement system fit for Asians

Press Releases

  • Microsoft to buy Nokia’s mobile devices business for 5.44-B euros
  • New World Bank climate change report should spur SEA and world leaders into action: Greenpeace
  • Save the Philippine Seas before it’s too late — Greenpeace
  • Palanca Awards’ last call for entries
  • Philippines joins the global call for Arctic protection

Comment and Opinion

  • Remembering the dead is a celebration of life
  • Killer earthquake unlikely to hit Panay Island in near future – analyst
  • It’s not just more fun to invest in the Philippines, it is also profitable, says President Aquino
  • How does one differentiate a tamaraw from a carabao?
  • Fun is not just about the place, it is also about the people, says DOT chief

OFW Corner

  • Ebola infection risk low in Croatia
  • Death toll rises to 41, over 100 still missing in landslide in India
  • Asbestos use in construction a labor hazard
  • 500,000 OFWs to benefit POEA on-line transactions — Baldoz
  • 25 distressed OFWs return home from Riyadh
©2025 Philippines Today | Design: Newspaperly WordPress Theme