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POGOs are firms certified via the Philippine government to supply online gambling solutions to gamers outdoors the state – primarily mainland China, exactly where gambling is against the law.

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Considered one of the most important dollars laundering scenarios from the Philippines thus far took place in February 2016, often called the Bangladesh Lender theft or lender heist. $eighty one million of The cash stolen with the Bangladesh Financial institution was laundered into Philippine casinos through transfer requests along with the SWIFT network.

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