CAGAYAN DE ORO CITY: Counterfeit bills amounting to P129,000 were seized in a police operation here on Thursday morning. Armed with a search warrant, combined elements of the Criminal Investigation and Detection Group (CIDG) and the agents of the local central bank raided the house of a certain Roberto de la Serna in Tablon, Cagayan de Oro City and seized the reported counterfeit money. Police Lt. Noel Oclarit, head of the CIDG team, said the suspect was under surveillance after the law enforcers received reports about the alleged production of counterfeit money in the suspect’s computer shop. Oclaret said the team found a bundle of money amounting to P129,000 inside de la Serna’s computer shop during the raid. Central Bank agents examined and confirmed that the P1,000 bills were fake. Police also seized the computer, printers and other accessories the suspect used in the production and printing of the fake money. A .38 caliber revolver with four live ammunitions was also seized by authorities.
