Defining the News
The Anti-Money Laundering Council announced on Thursday it has secured a freeze order from the Court of Appeals on the assets of key individuals linked to illicit Philippine Offshore Gaming Operator activities.
The freeze order was approved last Monday, July 8, based on Section 10 of Republic Act No. 9160 or the Anti-Money Laundering Act of 2001 and Rule 10 of its 2018 Implementing Rules and Regulations. Key individuals identified include suspended Mayor Alice Leal Guo of Bamban Tarlac, Zhiyang Huang, and Baoying Lin. These individuals are suspected of orchestrating human trafficking and fraudulent activities through entities such as Zun Yuan Technology Inc., BAOFU Land Development Inc., and Hongsheng Gaming Technology Inc.
The illicit activities linked to these individuals include the operation of an unauthorized POGO at Zun Yuan Technology Inc., which engaged in human trafficking, serious illegal detention, and online scam schemes. The operations were conducted within BAOFU Land Development Inc., which housed numerous workers, including trafficked individuals forced to participate in fraudulent online activities.
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Guo's camp to raise plea on suspension to Court of AppealsLatest Philippine news from GMA News and 24 Oras. News, weather updates and livestreaming on Philippine politics, regions, showbiz, lifestyle, science and tech.
Read more »
Timor-Leste appeals court concludes Teves extradition hearing — DOJDefining the News
Read more »
Court of Appeals denies recognition of foreign divorceDefining the News
Read more »
Suspended NFA employees ask Court of Appeals to junk Ombudsman’s orderThe employees say the Ombudsman has yet to explain their continued suspension, adding that the body has yet to act on their motion for reconsideration and motion to resolve
Read more »
Foreign syndicates involved in POGOs try to leave the PhilippinesToday's headlines: Illegal POGOs, Teves, Bruno Major
Read more »
Repeating fallacies will not save POGOsRepeating fallacies will not save POGOs
Read more »