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                    [Title] => ‘Dollar counterfeiters using RP as transit point’
                    [Summary] => Expert counterfeiters are using the Philippines as a transit point for fake currency, authorities said yesterday, noting that two banks have already been victimized by criminal elements whose deposits went through the banking system undetected.


The Bangko Sentral ng Pilipinas said the fake currency no longer passes through BSP authorities since the currency market was liberalized but Hong Kong authorities were able to intercept last year some $15,000 of what is known to authorities as "supernotes," or class A counterfeits.


                    [DatePublished] => 2006-03-23 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096655
                    [AuthorName] => Des  Ferriols
                    [SectionName] => Headlines
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SUPERNOTES

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                    [ArticleID] => 327691
                    [Title] => ‘Dollar counterfeiters using RP as transit point’
                    [Summary] => Expert counterfeiters are using the Philippines as a transit point for fake currency, authorities said yesterday, noting that two banks have already been victimized by criminal elements whose deposits went through the banking system undetected.


The Bangko Sentral ng Pilipinas said the fake currency no longer passes through BSP authorities since the currency market was liberalized but Hong Kong authorities were able to intercept last year some $15,000 of what is known to authorities as "supernotes," or class A counterfeits.


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                    [AuthorID] => 1096655
                    [AuthorName] => Des  Ferriols
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abtest

‘Dollar counterfeiters using RP as transit point’

By Des Ferriols | March 23, 2006 - 12:00am

Expert counterfeiters are using the Philippines as a transit point for fake currency, authorities said yesterday, noting that two banks have already been victimized by criminal elements whose deposits went through...

Headlines