The Department of Justice will file 62 counts of money laundering against the dismissed mayor of Bamban, Tarlac, Alice Guo, accusing her of being the ‘architect’ of a scam farm operation in the region.
Full story: https://www.rappler.com/philippines/alice-guo-bamban-tarlac-bosses-money-laundering-charges-january-2025/
Full story: https://www.rappler.com/philippines/alice-guo-bamban-tarlac-bosses-money-laundering-charges-january-2025/
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00:00The Department of Justice will file 62 counts of money laundering against the dismissed
00:05mayor of Bambantarlak, Alice Guo, accusing her of being the architect of a scam farm
00:10operation in the region.
00:12The indictment, dated December 20, a copy of which was obtained by Rappler on Wednesday,
00:16January 15, labels Guo as the architect of the alleged criminal scheme.
00:22This involves multiple money laundering activities, including transacting, transferring, and conspiring
00:27to move illicit funds to her family-owned companies.
00:30Thirty-one counts of money laundering conspiracy are also recommended against her parents,
00:35siblings, and officials from companies involved in the Bambant operation.
00:39This includes Guo's real estate company, Baofu, and two Philippine offshore gaming operators
00:44or POGOs that leased there.
00:46Meantime, Cassandra Ong, initially included in the complaint, was cleared by prosecutors
00:51who found no evidence linking her to the crimes.
00:54However, she faces separate human trafficking charges related to the Porak operation.