Tag: Financial Crimes
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DOJ’s War on Money Laundering and Terror Financing: A Resounding Success
In a triumphant stride against financial crimes, the Department of Justice (DOJ) has showcased remarkable progress in tackling money laundering and terrorism financing. Through its dedicated Financial Investigation and Litigation Enhancement and Prosecution Support Center (FILEPSC), the DOJ has meticulously identified, investigated, and prosecuted numerous cases from 2020 to 2024. The DOJ’s efforts have led…
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Senate Report Highlights Persistent Threat of POGO-Linked Crime Despite Ban
A recent Senate committee report has raised alarms about the ongoing threat posed by criminal syndicates associated with Philippine Offshore Gaming Operators (POGOs), despite their official ban. The report, presented by Senate Deputy Minority Leader Risa Hontiveros, underscores the adaptability of these criminal networks, which have shifted their operations to new sectors such as casinos…
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Senate Report Highlights Persistent Threat of POGO-Linked Crimes Despite Ban
In a recent Senate committee report, it was revealed that criminal syndicates associated with Philippine offshore gaming operators (POGOs) are still active, adapting their operations to new sectors despite the ban. On January 15, 2025, a raid in Silang, Cavite, led to the arrest of 29 foreign nationals, highlighting the ongoing issue. Senate Deputy Minority…
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Bureau of Customs Intercepts Over PHP24 Million in Undeclared Cash at NAIA
In a significant crackdown on financial crimes, the Bureau of Customs (BOC) at the Ninoy Aquino International Airport (NAIA) in Pasay City apprehended two individuals carrying undeclared foreign currency totaling over PHP24 million. The arrests, which took place on January 22 and 23, 2025, involved a Filipino and a Japanese passenger, respectively, as announced by…
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