THE Bangko Sentral ng Pilipinas (BSP) and the Philippine National Police (PNP) have filed charges against six individuals found mutilating coins.
In a statement on Monday, the central bank said it filed “criminal complaints against six individuals who were recently arrested for willfully destroying Philippine coins.”
“The individuals were apprehended in separate entrapment operations conducted by the BSP and the PNP in Siquijor and Boracay in Aklan.”
The charges were filed before the Siquijor Provincial and Aklan Provincial Prosecutor’s Offices.
“The suspects include one person identified as ‘Jess’ who went viral on social media for willfully destroying a 10-Piso coin and turning it into a ring in Siquijor; and another one who was also caught doing the same illegal activity in Boracay.”
The penalty for the mutilation of Philippine banknotes and coins can be imprisonment of up to five years and/or a fine not exceeding P20,000. — Luisa Maria Jacinta C. Jocson
