3 nabbed for possession of fake Treasury Notes

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CAVITE: At least three persons were arrested for possession of fake US treasury notes in Talaba, Bacoor City, Cavite on Wednesday. Seized from the suspects were 358 fake Federal Reserve bond coupon and 110 pieces of gold certificates with a supposed value of more than US$500 million. Cavite Police Provincial Director Jonnel Estolano identified the suspects as Anthony Villanueva, 46; Emilio Briz, 31; and Pempe Nieva, 46. Bacoor City Police Chief Rommel Estolano said the three are involved in syndicated schemes and are victimizing wealthy people in the province. The confiscated items were brought to the United States Embassy in Manila for verification. The suspects are detained pending the filing of complaints before the Prosecutor’s Office.

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