Follow us for updates
© 2022
Read the Story →

That P500 Marcos Bill is Fake, BSP Says After Satire Photo Goes Viral

As always, check the context.
by Arianne Merez
Nov 9, 2021
Photo/s: Facebook/Cebu Dairy News

The Bangko Sentral ng Pilipinas on Tuesday warned Filipinos against a P500 bill with the image of the late dictator Ferdinand Marcos, saying no such banknote was issued.

The fake Marcos banknote was posted by parody and satirical news website "Cebu Dairy" and has been shared over 36,000 times as of Tuesday morning.

"The BSP warns the public against accepting fraudulent banknotes and encourages anyone in the know to report use of fake banknotes to the police or to the BSP’s Payments and Currency Investigation Group," the central bank said.

Reports of fake banknotes can be sent to [email protected].

Continue reading below ↓


How to Fact-Check Online When There's So Much Misinformation

It's a Prank, Barbie and Jak: Parody News Accounts, Explained

The BSP reminded the public that counterfeiters of Philippine currency could be imprisoned for up to 12 years and fined up to P2 million.

"The BSP enjoins the public to stay informed about legitimate banknotes issued by the BSP," it said.


Think You Got a Fake P1,000 Bill? Here's How to Check If It's Legit

Continue reading below ↓
Recommended Videos

Reportr is now on Quento. Download the app or visit the Quento website for more articles and videos from Reportr and your favorite websites.

Latest Headlines
Read Next
Recent News
The news. So what? Subscribe to the newsletter that explains what the news means for you.
The email address you entered is invalid.
Thank you for signing up to On Three, reportr's weekly newsletter delivered to your mailbox three times a week. Only the latest, most useful and most insightful reads.
By signing up to newsletter, you agree to our Terms of Service and Privacy Policy.