Money laundering charges have been filed against ‘POGO mayor’ Alice Guo and 35 other individuals with the Philippines Department of Justice (DOJ).
The nation’s news agency notes that the charges were filed against Guo and 35 other individuals, relating to an estimated PHP7 billion in assets linked to a scam operation in central Luzon.
Those charged include Guo, her sister Shiela, Cassandra Ong and officials of Zun Yuan Technology, Hongsheng Gaming Technology and other firms.
The compliant filed by the Presidential Anti-Organized Crime Commission (PAOCC), together with the National Bureau of Investigation (NBI) and Anti-Money Laundering Council (AMLC), aims to “combat financial crimes and safeguard the integrity of the Philippine financial system”, notes an AMLC exec.
“The respondents, through their individual or collective conspiratorial acts, evidently transacted the money or money instruments representing the proceeds of the unlawful activities involving human trafficking, securities regulation violation, and estafa/swindling,” indicates the complaint.
Furthermore, a blue notice to Interpol has also been issued in regards to Alice Guo.
An Interpol red notice is also being procured once court charges are filed.
The charges indicate that Guo had brought investors to her jurisdiction, including two individuals charged in the multi-billion-dollar money laundering case in Singapore.
It also alleges her continued involvement in other companies, concealment of funds and other allegations.
Guo is currently believed to be in Jakarta, Indonesia, on the run, according to authorities.
