Alice Guo, the dismissed mayor of Bamban, Tarlac in the Philippines, faces 62 counts of money laundering charges filed by the Department of Justice. She is accused of being the 'architect' of a scam farm operation involving human trafficking and illegal online casino activities. The scam farm, located in the 7-hectare Baofu compound in Bamban, allegedly funneled proceeds through Guo's other businesses, including QJ Farm and Seed Genetics. Guo's business associate, Huang Zhiyang, a Chinese national and alleged mastermind, is also implicated. Huang, who reportedly holds multiple passports and obtained a Cyprus golden passport, left the Philippines after the Bamban compound raid and is wanted in China for illegal gambling. The Baofu compound, described as resembling a prison-like facility, is now under government custody. Prosecutors allege that the operation used cryptocurrency and other underground methods to launder money, with funds flowing through Guo's family-owned companies. The Hongsheng POGO was one of the entities operating within the compound.
[ICYMI] Alice Guo, other officials face new money laundering charges | The wRap https://t.co/iOUeoO96z2
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