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BSP confirms P500 bills recovered at market fake 

The fake P500 bills recovered at the Libertad Public Market.*Bacolod PIO photo 

The Bangko Central ng Pilipinas  has confirmed that 16 bills worth P8,000 endorsed by the Bacolod City Police  for verification are fake. 

“The notes enumerated, which were submitted by Police Staff Sgt. John Mark Ardiente, investigator of Bacolod City Police Office – Police Station 6, for verification, are declared counterfeit,” BSP Bacolod branch  acting manager Abraham Serantes said in a temporary certification. 

The sixteen  P500 bills submitted by the police to  the BSP for verification  bore four similar serial numbers. 

Bacolod Mayor Alfredo Abelardo Benitez on Friday night, July 19, warned the public against the circulation of fake money. 

Benitez, in a post on his Facebook page,  said a wallet  was found at the  Libertad Public Market  Friday and when the market supervisor   opened it she found that it contained  fake P500 bills.

Market supervisor Theresa Robles  said a  market cleaner  endorsed the wallet found on Friday morning to her  that  contained  the  fake P500 bills. 

A lot of vendors had complained  that they were paid with  fake bills, Robles said. 

The police are closely monitoring the situation  to prevent more people from being victimized,  Benitez said. 

He urged those who may have been victimized to file blotter  reports to aid the police in their investigation.* 

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