Trader busts suspect circulating fake money


CAMP GEN. SIMEON OLA, Legazpi City: 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 P1,000 bill on Saturday morning at his store on Ojeda Street in Barangay Santa Cruz, Naga City in Camarines Sur. 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 to his store around 11:30 a.m. and bought several items. After choosing several goods from his store, Uriza, according to Arcilla, gave him a P1,000 bill with serial number E065110 in payment for his purchases. But when he 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 in Uriza’s possession 22 pieces of fake P1,000 bills and 13 pieces of fake P500 bills. 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.



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