BSP seeks NBI help to pursue those behind currency hoax

MANILA — The Bangko Sentral ng Pilipinas (BSP) has sought the National Bureau of Investigation’s (NBI) assistance in tracking down individuals or groups that have been maliciously posting photos of defaced Philippine currencies on social media.

This is in connection with recent online and social media posts that contain fictitious Philippine currencies, the BSP said in a statement on Friday.

The NBI has also been requested to look into the identities of those who have initiated the circulation of “fake news” to deceive the public or generate entertainment from manipulated images of Philippine banknotes and coins on social media or any website on the internet.

“No other person or entity, public or private (other than the BSP), may put into circulation notes, coins or any other object or document which, in the opinion of the Monetary Board, might circulate as currency, nor reproduce or imitate the facsimiles of Bangko Sentral notes without prior authority from the Bangko Sentral,” it said.

The BSP added that it is vested with police authority to investigate, make arrests, and conduct searches and seizures in accordance with law, for the purpose of maintaining the integrity of the currency. (BSP PR/PNA)

Popular

Palace questions credibility of citizen complaint submitted to ICI

By Dean Aubrey Caratiquet On the heels of the Independent Commission for Infrastructure’s (ICI) receipt of a letter of sentiment from a private citizen on...

PBBM hails dedication to public service of 2025 Metrobank Foundation Outstanding Filipinos awardees

By Dean Aubrey Caratiquet “They remind us that integrity and excellence must be at the heart of the work that we all do.” Amid the various...

Palace supports calls for ICI empowerment

By Dean Aubrey Caratiquet “Nararamdaman po ng Pangulo at ng administrasyon ang nararamdaman ng mga businessman kaya po patuloy ang ginagawang pag-iimbestiga, at patuloy ang...

PBBM encourages Filipinos to remain prepared for disasters

By Dean Aubrey Caratiquet “Higit sa pagbangon o pagresponde, mas mahalaga ang maging handa.” President Ferdinand R. Marcos Jr. underscored the importance of disaster preparedness and...