Famous Chinese businessman Guo was kidnapped and killed in the Philippines!

Prominent Chinese businessman Mr. Guo was kidnapped and murdered in the Philippines! Source: The kidnappers spoke Mandarin, possibly due to a POGO dispute, and the ransom was paid but the victim was still killed.

On April 9th, Philippine police confirmed that Mr. Guo, a well-known overseas Chinese leader and businessman, was kidnapped and tragically killed. (For previous reports on the kidnapping, see Prominent Chinese Businessman Kidnapped in Pasay? Rumors Cause Concern in the Philippine Business Community!)

According to a report by the Philippine National Police Anti-Kidnapping Group, the bodies of Mr. Guo and his driver were discovered by local residents at 6 AM on April 9th in Macabud, Rodriguez, Rizal Province, at Sitio Udiongan. They appeared to have been tortured before death, with signs of being bound on their chests and arms.

The Anti-Kidnapping Group received the report at 2:15 PM. Initial police investigations showed that the bodies were placed in a nylon bag, tied with nylon rope, and their faces were bound with tape, abandoned in the bushes along the road leading to Macabud.

At 3:36 PM, the driver's family confirmed his identity, and the police subsequently notified Mr. Guo's family.

Source: The family paid three ransoms totaling 210 million pesos, and despite seeking help from influential figures, the victim was still killed, and the kidnappers spoke Mandarin.

Insiders revealed that the Guo family paid three ransoms, the first two totaling 60 million pesos in a casino transaction, and the last payment of 150 million pesos was made on the afternoon of April 8th, totaling 210 million pesos. The Mandarin-speaking kidnappers promised to release the victim, but the family received tragic news from the police instead.

It is reported that Mr. Guo was kidnapped on March 29th; he was supposed to attend a banquet that evening but went missing, later reported to have been kidnapped along with his driver.

His Lexus LM350 multi-purpose vehicle was found abandoned on April 1st (Tuesday) in Bahay Toro, Quezon City.

Local residents told the police that around 4 PM on March 29th, two men in hoodies left the Lexus.

Sources also mentioned that the Guo family had sought help from some powerful underworld figures, but ultimately, Mr. Guo was not safely released.

Profile: Mr. Guo came to the Philippines 40 years ago, started from scratch and established a steel business, serving as the president of multiple Chinese business associations, and donated over 20 million to his hometown in Fujian.

Mr. Guo arrived in the Philippines in 1985 and started a steel trading company in the early 1990s, dealing in secondary steel materials before transitioning to wholesale of steel profiles. Within a few years, his business flourished.

After achieving business success, Mr. Guo was active in several major Filipino-Chinese associations, holding positions such as founding president of the Philippine Chinese Chamber of Commerce, chairman of the Filipino-Chinese Five Surnames Federation, chairman of the Filipino Fen Yang Guo Clan Association, chairman of the Filipino Alumni Federation, honorary president of the Philippine Fujian General Business Association, honorary president of the Philippine Restaurant Business Association, honorary director of the Filipino-Chinese Philanthropic Federation, president of the Philippine Yongchun Fellow Countrymen Association, president of the World Yongchun Societies Federation, director of the Philippine Hongmen Progressive Party Headquarters, and president of the Filipino Quanzhou Public Association.

Additionally, a Fujian official media outlet reported that Mr. Guo, originally from Yongchun, Fujian, has donated over 20 million yuan to his hometown since 1985.

Kidnapper clues: Police are investigating whether the case is related to the kidnapping of a Chinese boy at a British school in Manila, and it is rumored to have been triggered by a POGO lease dispute.

Currently, the police are still investigating whether this case is related to a previous kidnapping of a Chinese student at a British school in Manila.

Moreover, according to an English news website, Mr. Guo might have been kidnapped by a group involved with illegal online BC (POGO)—as reported by bilyonaryo.com, a POGO group previously paid millions of dollars in deposit to rent a building owned by Mr. Guo in Bulacan Province. When the lease deal fell through, the group demanded a 50% refund, which Mr. Guo refused.