The Department of Justice has filed 31 money laundering cases against former Bamban, Tarlac mayor Alice L. Guo and 30 co-accused before the Capas, Tarlac Regional Trial Court.
Guo faces 26 counts under Section 4(a), five under Section 4(b), and, along with her co-accused, 31 counts under Section 4(d) of the Anti-Money Laundering Act.
The charges stem from alleged illegal operations of Hongsheng Gaming Technology Inc. (later Zun Yuan Technology), based in a compound owned by Baofu Land Development Inc., where Guo served as president.
Prosecutors linked several interrelated corporations involved in the scheme, asserting that they collaborated to carry out unlawful activities such as cybercrime and labor trafficking.
The DOJ concluded that Guo and the other accused played key roles in enabling and concealing these operations and should be held equally liable as conspirators.
Source: PhilNews24 | May 24, 2025
DOJ FILES 31 MONEY LAUNDERING CASES VS. ALICE GUO, 30 OTHERS
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