Authorities have arrested a father and his son for allegedly selling fake US dollars. Operatives of the Criminal Investigation and Detection Group or CIDG, along with officials of the Central Bank of the Philippines, recently arrested 60 year old Ernesto “Randy” Pechora and his son, 18 year old Rico Pechora, in Valencia City, Bukidnon.
The police said that the father and son tandem were most likely a part of a syndicate that is involved in selling bogus money and other illegal activities.
The Pechoras will be charged with illegal possession and use of false treasury and bank notes.
Found in the Pechoras’ possession were several pieces of fake American dollars including 100 pieces of $100 bills, 2 pieces of $50 bills, 1 $10 bill and, weirdly enough, a single $1 Million bill and a single $1,000 bill.
The USA has never printed a million dollar bill. The $1,000 bill has also not been printed for a long time now.
Authorities also said that the Pechoras also had 9 pieces of 25,000 Iraqi dinar bills and 2 pieces of 100 trillion Zimbabwe dollars. The dinar and Zimbabwe dollar bills were real. However, they no longer hold any value as these have already been demonetized.