Feds seek $12.5 million in California assets allegedly linked to Philippines corruption

Published May 03, 2016

Federal authorities are trying to seize $12.5 million in Southern California property and assets from a businesswoman they claim amassed a fortune by bribing corrupt officials in the Philippines.

The U.S. Department of Justice filed a forfeiture complaint Tuesday. Authorities want assets they contend Janet Lim Napoles bought for herself and her daughters with a decade's worth of money intended to fight poverty.

The assets include a motel near Disneyland; properties in Covina and Irvine; money from the sale of a Los Angeles luxury condominium; a Porsche and a stake in a California-based consulting company.

Napoles allegedly used bribes and kickbacks to siphon off Philippine government development funds.

She is serving up to 40 years in prison in the Philippines for illegally detaining a whistleblower.

URL

https://www.foxnews.com/us/feds-seek-12-5-million-in-california-assets-allegedly-linked-to-philippines-corruption