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PIA Press Release
2008/11/04

Dipolognons warned of fake P200 bills

Dipolog City (4 November) -- After a suspect who was reported spreading fake P200 bills was arrested in Molave, Zamboanga del Sur, this city was feared to be the next dumping area of the fake money smugglers.

The suspect identified by Molave police as Joel M. Caņas of Tiguma, Pagadian City told police authorities that he was only given a commission P50 for every P200 bill he could dispose.

Caņas identified his source as a certain man who hails from Palaran, Pagadian City.

Police investigators learned from the suspect that he had started the operation a few months yet but admitted that Dipolog City would be their next target.

It was also learned that Caņas had been operating in Molave victimizing businessmen in the area. He would have moved to this city if not arrested. (PF/PIA-ZN) [top]

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