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Cases of Money Laundering in the Philippines Between 2003 to 2013

in Business Risk, Substance Abuse

The Philippine Drug Enforcement Agency referred 291 cases of money laundering to the Anti-Money Laundering Council between 2003 to 2013.  As a result of these investigations, $50.85 Million (270 Million Philippine Pesos) in drug trafficking assets were frozen during the span of 10 years.

(More crime in the Philippines statistics.)

Source:  Xinhua, “Philippines steps up campaign against money launderers,” Phil Star, April 27, 2013.

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