The "Iron King of the Philippines" Guo Congyuan's kidnapping case has led to ongoing suspicions of money laundering. The casino intermediaries "Jiuding Group" and "White Horse Club" were exposed in May this year for participating in the ransom business and had announced their withdrawal from the mar
The Philippine National Police (PNP) recently revealed that six major casinos have terminated their cooperation with two gaming intermediaries suspected of money laundering, which are linked to the kidnapping and ransom case involving Chinese businessman Anson Que (also known as Anson Tan).PNP spoke
The Philippine Anti-Money Laundering Council (AMLC) recently issued a strong statement, claiming that even though the involved VIP room service providers have ceased operations in the Philippines, their role in the Anson Que kidnapping and murder case is "inescapable." This shocking case not only in
The Anti-Money Laundering Council (AMLC) of the Philippines has officially launched a financial investigation into the ransom flow in the kidnapping case of Chinese businessman Anson Que, focusing on whether there is systemic money laundering through the use of cryptocurrencies and casino accounts.
The "White Horse Payment" in the Philippines is a well-known payment platform among the local Chinese community, primarily serving casino VIP rooms and the online gambling industry.This platform not only provides an electronic wallet function but also supports users in account creation, fund transfe
The Philippine National Police (PNP) reported that a shocking case of undeclared large sums of cash was seized at Mactan-Cebu International Airport recently. 11 passengers attempting to board a private plane to leave the country were intercepted and detained on the spot, with the amount involved exc
The court in the Makati district of the Philippines ruled that the 1.89 billion pesos in assets seized during the 2023 government raid on the "Colorful and Leap Group Co." (a subsidiary of CGC Technologies Inc.) in the Clark Freeport Zone, Pampanga Province, are legally confiscated and become state
In the kidnapping and murder case of Filipino-Chinese steel tycoon Mr. Guo, three suspects have been arrested. The Philippine National Police (PNP) stated that the focus is now on capturing the two main fugitives, both of whom are Chinese nationals.PNP spokesperson Jean Fajardo mentioned in a briefi
Former Philippine President Rodrigo Duterte celebrated a special birthday visitation in the International Criminal Court (ICC) detention center—his partner Honeylet Avanceña and daughter Veronica “Kitty” Duterte were finally allowed to visit, spending his 80th birthday with him.Vice President Sara D
The Office of the President of the Philippines has ordered the Cagayan Economic Zone Authority (CEZA) and the Anti-Money Laundering Council (AMLC) to jointly draft guidelines for the implementation of the ban on offshore gaming centers.Following the administrative order by President Ferdinand Marcos
Recently, Lao Du has been criticized for his anti-drug campaign, and the scandals related to him have been increasing!Previously, the reason why Lao Du's drug dealer reward policy was exposed was because three so-called former prisoners who had been instructed to kill drug dealers testified against
The companies with frozen assets include the POGO company Lucky South 99, which was raided, and the real estate company Whirlwind that rented land to Lucky South.Pampanga, Philippines — Malacañang has directed the Anti-Money Laundering Council (AMLC) to freeze and take custody of all assets of seven
On August 31, Philippine Senator Zhang Qiaowei stated that banks assisting "POGO Mayor" Guo Huaping and her accomplices in suspicious transactions should be held accountable. He also reiterated his condemnation of the Anti-Money Laundering Council (AMLC) for failing to detect these suspicious financ
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 i
/ THE END /
