Sherwin Quiambao, accused of fraud, found himself in significant legal peril once more as an arrest warrant was issued. This brought an early gift to the Asian online gaming industry, highlighting the incompetence of the con artists involved.
Sherwin Quiambao, Jan Robert Gustaffson, Sylvia Bernadette Gonzales de Guzman, and Maria Arleen Aldaba all face multiple counts of qualified theft and criminal fraud, which resulted in arrest warrants being issued in the Philippines on December 14 for each of the aforementioned individuals.
Before their arraignment and the beginning of pre-trial proceedings on January 20, 2021, Aldaba and de Guzman both posted bail. While Quiambao is still at large, it is believed that Gustaffson, who is a Swedish national, fled the country back in February. On the other hand, a petition has been sent to the Bureau of Immigration to ensure Gustafsson would be immediately detained if he made the foolhardy attempt to return to the Philippines.
Sherwin Quiambao, who was born on November 23rd, 1980, is commonly known to the authorities for his illegal financial activities.
Quiambao and the other three con artists were members of a criminal organization that made an attempt to defraud their previous place of employment, Spectrogen Corp. Essentially, this is an outsourcing corporation that provides services to online gambling operators based in the Philippines.
After being fired on the spot for their inability to do their jobs, a group of individuals came up with a fraud plan to take their former employer’s property. Sherwin Quiambao and Gustafsson were the ones who initially moved forward with the scheme. They did this by intentionally submitting a fraudulent document to a court in the Philippines, alleging illegal activity on behalf of their former company.
The Police Investigations
Because of this misleading information, the police in the Philippines raided the offices of Spectrogen and the companies with which it is linked. The plot began to fall apart in spectacular fashion when these raids failed to produce any evidence to support Gustafsson’s affidavit, and when other similarly inept theft attempts failed to result in the gang securing any ill-gotten gains – despite threats of shocking violence against reluctant bank employees.
In due time, the courts in the Philippines decided that the raids on the BPO provider were unlawful, and the judge who issued the warrants based on Gustafsson’s affidavits was removed from the bench for a period of two years as a result of this decision. As arrest warrants were filed for the individual gang members and “wanted” posters were published in local newspapers, the individual gang members dispersed like leaves in the wind.
Sherwin Quiambao – Arrest Warrant
Despite causing significant damage to the Asian online gambling sector and demonstrating a readiness to betray those who supported them, some individuals from the group are attempting to sneak back into the fold from which they were previously expelled.
These attempts have proven unsuccessful thus far, as their actions have left a trail of public relations wounds in their wake. Their persistence in trying to rejoin the industry raises questions about their motivations and whether they have genuinely reformed or simply seek to exploit the system once more.
Check here: the arrest warrant issued by authorities.
Sherwin Quiambao has an arrest warrant issued against him. He’s accused of fraudulent activities, including tax evasion. The warrant highlights serious legal trouble. Quiambao’s alleged involvement in financial misconduct.
More About Sherwin Quiambao
Sherwin Quiambao has been seen again, most recently in his capacity as the Chief Executive Officer of Tecsco Global Solutions Inc., a white-label online gambling service that asserts it has been “accumulating experience” since the year 2005. Sherwin is also the CEO of multiple companies, including AloGetway, and First Global Transit Inc. In addition, he owns a network of online gambling websites as well as AximTrade, the forex brokerage. Should the Philippine National Police become aware of Quiambao’s whereabouts, it is possible that he could soon find himself accumulating a variety of unwelcome experiences while serving time in a prison in Manila.
This year, reports have surfaced concerning tax evasion allegedly involving First Global Transit Inc., a company linked to Sherwin Quiambao’s business activities. These reports suggest that certain Philippine officials may have been complicit in covering up Quiambao’s illegal financial activities. The allegations of tax evasion and the suspected involvement of high-ranking individuals raise serious concerns. Investigations into these allegations are underway as authorities seek to uncover the truth behind them.