Police warns tourists against proliferation of fake P500 bills

The Boracay Philippine National Police (PNP) warns tourists and residents against proliferation of fake P500 bills in this resort island.
Chief Insp. Joeffer Cabural, Boracay police chief, said Monday that a businessman here has surrendered to police authorities a fake P500 bill believed to have come from a costumer.
"We are still investigating the incident and identifying the motive on the proliferation of fake money in Boracay," Cabural said.
Among the possible motives being eyed are the election or that a syndicate of counterfeit bills is already here in Boracay.
Police said that fake P500 bills if undetected could uncontrollably pass especially high tourism areas such as this resort island.