The National Bureau of Investigation and Bangko Sentral ng Pilipinas arrested a counterfeiter last week in Sta Cruz, Manila. They seized over 450,000 pesos in fake 500 and 1,000 peso bills from Ronnie Jacobo, who admitted to using graphic design software to produce the counterfeits. Jacobo now faces 6 to 12 years in prison for violating laws against forging treasury notes. The authorities are still searching for Jacobo's wife, who is believed to be an accomplice in the counterfeiting operation.
The National Bureau of Investigation and Bangko Sentral ng Pilipinas arrested a counterfeiter last week in Sta Cruz, Manila. They seized over 450,000 pesos in fake 500 and 1,000 peso bills from Ronnie Jacobo, who admitted to using graphic design software to produce the counterfeits. Jacobo now faces 6 to 12 years in prison for violating laws against forging treasury notes. The authorities are still searching for Jacobo's wife, who is believed to be an accomplice in the counterfeiting operation.
The National Bureau of Investigation and Bangko Sentral ng Pilipinas arrested a counterfeiter last week in Sta Cruz, Manila. They seized over 450,000 pesos in fake 500 and 1,000 peso bills from Ronnie Jacobo, who admitted to using graphic design software to produce the counterfeits. Jacobo now faces 6 to 12 years in prison for violating laws against forging treasury notes. The authorities are still searching for Jacobo's wife, who is believed to be an accomplice in the counterfeiting operation.
The National Bureau of Investigation and Bangko Sentral ng Pilipinas arrested a counterfeiter last week in Sta Cruz, Manila. They seized over 450,000 pesos in fake 500 and 1,000 peso bills from Ronnie Jacobo, who admitted to using graphic design software to produce the counterfeits. Jacobo now faces 6 to 12 years in prison for violating laws against forging treasury notes. The authorities are still searching for Jacobo's wife, who is believed to be an accomplice in the counterfeiting operation.
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Make a news article based on the following facts:
Who: National Bureau of Investigation and Bangko Sentral ng Pilipinas
What: They arrested a counterfeiter. They also seized hundreds of fake denomination Philippine peso bills. When: The arrest happened last week. Where: It happened in Sta Cruz, Manila. Other details: Nestor Mantaring – NBI Officer in charge. He presented the counterfeiter in a press conference on Monday afternoon. Ronnie Jacobo – the counterfeiter. He was a resident of 895 Quezon Boulevard, Sta Cruz, Manila. Article 166 is all about forging treasury or bank notes, obligations and securities. Jacobo faces charges of violating Article 166. Six to twelve years imprisonment – this will be the punishment of Jacobo if proven guilty. Marivic Jacobo – Ronnie’s wife. She is an accomplice to the crime. The NBI is also searching for Marivic. Regional Director Ruel Lasala – head of the NBI National Capital Region Division. He launched an investigation upon receiving information that the suspect was engaged in the printing and sale of fake 500 and 1,000 peso bills. An NBI agent posed as a buyer and bought a fake 500 and 1,000 peso bills from Ronnie and Marivic. Wilfredo Villaluz – Bangko Sentral ng Pilipinas Supervising Agent. According to him, the suspect did a good job. Bills were complete with watermark and security thread. Upon closer look one would notice that the security thread is actually a sticker. The suspect (Jacobo) admitted using Corel draw and Adobe Photoshop basic graphic design program for his counterfeiting activity. The 500 peso bills and the 1,000 peso bills were sold at 75 each. 453,000 – the amount of counterfeit bills recovered by the authorities.
Make a news article based on the following facts:
Who: National Bureau of Investigation and Bangko Sentral ng Pilipinas
What: They arrested a counterfeiter. They also seized hundreds of fake denomination Philippine peso bills. When: The arrest happened last week. Where: It happened in Sta Cruz, Manila. Other details: Nestor Mantaring – NBI Officer in charge. He presented the counterfeiter in a press conference on Monday afternoon. Ronnie Jacobo – the counterfeiter. He was a resident of 895 Quezon Boulevard, Sta Cruz, Manila. Article 166 is all about forging treasury or bank notes, obligations and securities. Jacobo faces charges of violating Article 166. Six to twelve years imprisonment – this will be the punishment of Jacobo if proven guilty. Marivic Jacobo – Ronnie’s wife. She is an accomplice to the crime. The NBI is also searching for Marivic. Regional Director Ruel Lasala – head of the NBI National Capital Region Division. He launched an investigation upon receiving information that the suspect was engaged in the printing and sale of fake 500 and 1,000 peso bills. An NBI agent posed as a buyer and bought a fake 500 and 1,000 peso bills from Ronnie and Marivic. Wilfredo Villaluz – Bangko Sentral ng Pilipinas Supervising Agent. According to him, the suspect did a good job. Bills were complete with watermark and security thread. Upon closer look one would notice that the security thread is actually a sticker. The suspect (Jacobo) admitted using Corel draw and Adobe Photoshop basic graphic design program for his counterfeiting activity. The 500 peso bills and the 1,000 peso bills were sold at 75 each. 453,000 – the amount of counterfeit bills recovered by the authorities.