Philippines files money-laundering case against fugitive ex-mayor Alice Guo
Philippine agencies jointly filed multiple counts of money laundering against Guo and 35 others
Philippine authorities on Friday filed several counts of money laundering against a fugitive former town mayor accused of links to Chinese criminal syndicates.
The Anti-Money Laundering Council (AMLC), with the National Bureau of Investigation and Presidential Anti-Organized Crime Commission, jointly filed multiple counts of money laundering against Guo and 35 others at the Department of Justice.
“These individuals ... are alleged to have been involved in a complex scheme of money laundering linked to the crimes of estafa [or fraudulent acts], qualified trafficking in persons, and violations of the Securities Regulation Code,” the AMLC said in a statement.
Guo and her co-conspirators were alleged to have laundered more than 100 million Philippine pesos (US$1.8 million) in proceeds from criminal activities, the council said.