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The Supreme Court has upheld a ruling that ordered imprisonment of a man using fake money.

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SC upholds imprisonment of man with counterfeit cash in Bukidnon

ABS-CBN News

<div><span class="fr-img-caption fr-fic fr-dib" style="width:950px"><span class="fr-img-wrap"><img src="https://od2-image-api.abs-cbn.com/prod/editorImage/1710214674347.png" style="width:950px" class="fr-fic fr-dib"/><span class="fr-inner" style="text-align:left">P1000 banknotes. <em id="isPasted">ABS-CBN News file photo</em></span></span></span></div><div><br/></div><p>MANILA - The Supreme Court&#x27;s second division denied the petition by a certain Allan Gacasan in Bukidnon which challenged the ruling of the Court of Appeals (CA) and the Regional Trial Court (RTC), convicting Gacasan for possessing fake P1,000 bills and fake P500 bills. </p><div><a href="https://news.abs-cbn.com/business/11/16/23/fake-or-real-how-to-know-if-your-p1k-bill-is-authentic">Fake or real? How to know if your P1k bill is authentic</a></div><p>Gacasan was arrested in Bukidnon after selling fake bank notes to a CIDG agent in a buy-bust operation on November 10, 2018.</p><div> <a href="https://news.abs-cbn.com/business/09/09/21/bangko-sentral-warns-vs-fake-1000-piso-bills">Bangko Sentral warns vs counterfeit money amid reports of fake 1000-piso notes</a></div><p>Gacasan was caught in possession of 100 pieces of fake P1,000 bills and 25 pieces of fake P500 bills, which authorities said were counterfeit. </p><p>Citing BSP data, Supreme Court said the central bank has conducted 129 anti-counterfeiting operations with law enforcement agencies, and arrested 212 suspects involved in counterfeiting dollars. </p><div><br/></div><div><br/></div>

<p>The Supreme Court has upheld a ruling that ordered imprisonment of a man using fake money.</p>