Mark Stephen Alzona, an alleged leader of a large casino junket scam group, was arrested in Baguio City on November 28. The arrest followed a warrant issued by the Baguio Regional Trial Court (RTC) for syndicated estafa, a serious charge related to fraudulent investment schemes.
Alzona’s group is reported to have defrauded approximately 10,000 victims in the Cordillera region, amassing a total of P4 billion in illicit investments. Authorities stated that Alzona is among those sought by the police’s Criminal Investigation and Detection Group (CIDG) for their involvement in illegal activities.
With the arrest, law enforcement continues to investigate the wide-reaching impact of the scam and pursue those responsible for deceiving the victims across the region.
