The National Bureau of Investigation (NBI), Anti-Money Laundering Council (AMLC), and the Presidential Anti-Organized Crime Commission (PAOCC) have submitted to the Department of Justice (DOJ) a proposal to file 87 money laundering charges against "POGO Mayor" Guo Huaping and 35 others.
The charges involve a fraud operation in Central Luzon with an estimated total assets of 7 billion Philippine pesos, accused of violating Republic Act No. 9160 (the Anti-Money Laundering Act of 2001). The individuals and institutions involved include Cassandra Ong and Alice's "sister" Shiela, as well as personnel from QSeed Genetics, Zun Yuan Technology Inc., Hongshen Gaming Technology Inc., QJJ Farms, Baofu Land Development Inc.
The indictment states: "The defendants, through individual or collective conspiratorial acts, have evidently transacted money or monetary instruments representing proceeds from illegal activities such as human trafficking, violation of securities regulations, and fraud."
AMLC Executive Director Matthew David stated in a declaration that the submission of this application is one of the committee's measures to "combat financial crimes and maintain the integrity of the Philippine financial system," and the Anti-Money Laundering Council will continue to ensure that the financial system is not exploited by criminal groups.
Deputy Minister of Justice Hermogenes Andres stated that filing these charges can effectively deter others who might want to initiate fraudulent operations in the country. Andres mentioned that the Philippine government has requested Interpol to issue a blue notice to report the whereabouts of Guo Huaping. Once charges are filed in court, the Philippine government will issue a "red notice" for Guo. According to current information, Guo is still in Indonesia.
Andres also stated that the investigation is still ongoing and not yet concluded, and more charges may be proposed based on the depth of the investigation in the future.
The indictment states that Guo Huaping is the founder and president of BAOFU, QJJ, and QSEED, at the time she served as the mayor of Banban City. Guo invited investors to Tarlac, and the identities of those invited are quite suspicious, including Zhang Ruijin and Lin Baoying, who were convicted in Singapore for a multi-billion dollar money laundering case, and Chinese fugitive Huang Zhiyang, who faces charges in the Philippines related to a raid incident in 2023.
