1. Concept
Art. 163. Making and importing and uttering false coins – Any person who make, imports, or utters false coins, in connivance with counterfeiters, or importers, shall suffer: |
1. Prisión correccional in its minimum and medium periods and a fine not to exceed Four hundred thousand pesos (₱400,000), if the counterfeited coins be any of the coinage of the Philippines. |
2. Prisión correccional in its minimum period and a fine not to exceed Two hundred thousand pesos (₱200,000), if the counterfeited coin be currency of a foreign country. (Act No. 3815, Revised Penal Code) |
2. Mode of commission
Elements of the offense:
1) The offender makes, imports, or utters, false coins; and,
2) He commits such acts in connivance with counterfeiters, or importers.
References
⦁ Title 4 – Crimes Against Public Interest, Book 2, Revised Penal Code