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].
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.