Reported 8 months ago
On June 19, 2024, Cai Guo'an, a fraudster who posed as the wives of Duterte and Xiao Wanchang, faced the second trial without expressing an opinion on his sentence. Cai, an unlicensed accountant and head of a firm, masterminded fraudulent investment schemes, collecting over 3.6 billion, with the second trial increasing his sentence to 14 years and 2 months. Cai defended his innocence by claiming to have repaid 3.9 billion and argued against being a flight risk due to his children in Australia, fearing they would be disgraced if he fled.
Source: YAHOO