P129,000 fake bills seized in CDO raid

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By Cris Diaz, Mindanao Daily News Online
January 24, 2020

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CAGAYAN de Oro City--About P 129,000 counterfeit bills was seized by the combined elements of the Criminal Investigation Detection Group (CIDG) and agents of the Central Bank here Thursday morning.

Armed with a search warrant, the law enforcers raided the house of a certain Roberto de la Serna in Tablon, Cagayan De Oro City and seized the reported fake money.

Police Lt. Noel Oclarit, head of the CIDG team, said that the suspect has been in surveillance after the law enforcers received reports about the alleged production of counterfeit money in the suspect’s computer shop.

Oclaret said that the raiding team found the bundle of fake P 128,000 Philippine peso bills during the raid on De la Serna’s computer shop.

He said that the Central Bank agents examined and confirmed that the P 1,000-peso bills were counterfeit.

Oclaret said that the raiding team also seized the computer, printers and other accessories needed in the production of printing materials.

He said that the team also recovered a .38 caliber revolver with four rounds of live ammunitions.

Annie Ladislao, the suspect’s mother-in-law has denied that her son-in-law is engaged in illegal activities.

De la Serna owned a computer shop, a mini-mart, and printing shop, all with business permits. -0-


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