NBI seizes US$ 140,000 bogus dollar bills

January 26, 2010 11:21 pm 

MANILA, Jan. 26 –Agents of the National Bureau of Investigation (NBI) have arrested two persons for selling counterfeit US dollars during buy-bust operation in Pasay City.

NBI Director Nestor M. Mantaring identified the suspects as Jesus Tolentino de Leon, 54, and resident of Villa de Toledo, Sta. Rosa, Laguna and Ernesto Clavio Pascual, 53, of Macaria Homes, Molino 2, Bacoor, Cavite.

Mantaring said the suspects yielded 1,400 pieces of fake 100 US dollars bills amounting to US$ 140,000 or about P6.4 million.

The operation followed tips received by the NBI National Capital Region (NCR), headed by Regional Director Edward Villarta, from an informant regarding the illegal activity of one Jesus de Leon.

De Leon’s group was reportedly engaged in selling bogus US dollars.

The informant managed to enter a deal with the suspect for the purchase of 20 bundles of 100 US dollars bills. Each bundle consists of 100 pieces of 100 US dollars. They set the delivery on Jan. 21.

At 3 p.m. of Jan. 21, the suspect de Leon called up the informant that only 15 bundles were ready for transaction. The suspect instructed the informant, who posed as buyer, to proceed to the parking lot of Heritage Hotel in Pasay City and waited for further instructions.

While the NBI poseur-buyer was waiting, a black Nissan Sentra car arrived in the parking lot. The driver introduced himself as Jess de Leon.

De Leon initially checked the money brought by the poseur-buyer. Subsequently, a man carrying a paper bag arrived and handed it to de Leon. De Leon in turn handed the paper bag to the poseur-buyer and demanded payment.

After checking the content of the paper bag, the informant signaled the NBI operatives stationed nearby.

NBI operatives approached and arrested de Leon. Seized from him were 14 bundles of suspected counterfeit US dollars.

At 10 p.m. of the same day, Pascual was arrested in a follow-up operation in front of the Philippine Amusement and Gaming Corp. (PAGCOR) Heritage Hotel, Pasay City.

The confiscated counterfeit bills were brought to Bangko Sentral ng Pilipinas (BSP) for examination. In their certification dated Jan. 22, the bills were “initially found to be counterfeit.”

Representatives from the United States Embassy took specimen samples of the fake dollar bills.

De Leon and Pascual where charged for violation of Article 168 of the Revised Penal Code (Illegal Possession and Used of False Treasury or Bank Notes and other Instruments of Credit) (PNA) RMA/JES


One Response to “NBI seizes US$ 140,000 bogus dollar bills”

  1. pulis on January 29th, 2010 10:48 am

    sana subaybayan natin ang issue na ito para hindi n makapanloko pa ng ibang tao. huwag sanang makuha sa lagayan para hindi na makawala pa.