One of the largest e-wallet and fintech platforms in the Philippines, GCash, recently issued a stern warning again, reminding the public to be vigilant against illegal online gambling and related scams, and clearly emphasized the company's zero tolerance policy towards any illegal activities. This m
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) revealed at a press conference that two Chinese-funded casino intermediaries, White Horse Club and 9 Dynasty Group, suspected of assisting in receiving the ransom for the kidnapping of Chinese businessman Guo Congyuan, will have their gaming licenses revoked and
Despite the Philippine National Police (PNP) claiming to have solved the Anson Que kidnapping case, the most crucial part of the case—the whereabouts of the ransom amounting to 200 million pesos (approximately 25 million RMB)—remains unknown, causing public uproar. More disturbingly, the mastermind
On September 17, 2024, the Philippine Senate Committee on Women, Children, Family Relations and Gender Equality ordered former Banban city mayor Alice Guo to provide records of check expenditures amounting to about 11 billion pesos from her account.During the ongoing investigation into the country's
Analysts believe that the Philippine Anti-Money Laundering Council (AMLC) has been calling for new laws to strengthen the fight against money launderers, but has overlooked the central issue of current legislative investigations. At the Senate hearing on September 5 regarding Philippine Offshore Gam
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