Man selling fake dollars ‘worth P20M’ arrested in Cagayan de Oro – NBI

CAGAYAN DE ORO CITY — An entrapment operation has led to the arrest of a man suspected of selling fake dollar bills, the National Bureau of Investigation (NBI) here said.

Angelito Magno, NBI regional director, identified the suspect as Pedrito Tabalon of Sitio Balongis, Batangay Balulang here.

Based on the bills seized from the suspect, the fake dollars, if circulated and used, were estimated to be worth P20 million.  SFM