MANILA, Philippines – Two foreigners and a Filipino were arrested in Pasay City on Thursday for possession of counterfeit US dollar bills amounting to $288,700.
The Pasay City police arrested Korean national Song Ho Sang, 53; Chinese national Tiange Wu, 31 and Fernando Silanga, 44 in a casino-hotel complex.
GOTCHA! National Capital Region Police Office chief Major General Guillermo Eleazar confronts the three suspects who were busted for possession of counterfeit US dollar bills in Pasay City. Photo by Consuelo Marquez / INQUIRER.net.
Initial investigation showed that suspects tried to use the counterfeit dollar bills to buy casino chips worth P15 million.
Alert casino personnel, however, detected the bogus bills and sought police assistance.
Follow-up operations have also been launched to collar to supposed source of the counterfeit bills, a Korean national.
The arrested suspects are now under police custody and will be charged with estafa and violation of Article 168 of Revised Penal Code or illegal possession and use of false treasury or bank notes. (Editor: Gilbert S. Gaviola)