Beware of fake bills, BSP warns

AS Christmas shopping season peaks, the Bangko Sentral ng Pilipinas (BSP) is warning the public to watch out for fake bills.

BSP Cebu Director Leonides Sumbi said counterfeiters usually take advantage of this busy season to circulate fake bills in the market.

Most fake bills are in the P200, P500 and P1,000 denominations.

Sumbi advised the public to be vigilant and to take the time to check the bills before they put them in their wallet.

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