"Between March 2015 and December 2021, Marasigan and his co-conspirators managed to defraud patrons at the Guam Shrine Club's Hafa Adai Bingo by claiming that their funds would be used to transport children to the Shriner's hospital for Children in Hawaii for medical care. In May of 2025, Michael Lizaso Marasigan was found guilty on charges of Conspiracy to Operate Illegal Gambling Business, Money Laundering Conspiracy, Money Laundering, and Conspiracy to Commit Wire Fraud."
"This fraudulent scheme generated around $34 million across the six years that it operated. Rather than direct the funds to the Shriner's hospital for children, Marasigan and his conspirators laundered funds, ensuring that nearly $11 million of the proceeds went to the defendant and others. Marasigan has ties with Guam and the Philippines, while he holds passports for both the USA and the Philippines, which is his country of birth."
Michael Lizaso Marasigan was convicted in May 2025 of Conspiracy to Operate an Illegal Gambling Business, Money Laundering Conspiracy, Money Laundering, and Conspiracy to Commit Wire Fraud. Between March 2015 and December 2021, he and co-conspirators defrauded patrons at the Guam Shrine Club's Hafa Adai Bingo by falsely claiming funds would transport children to the Shriner's Hospital in Hawaii. The scheme generated about $34 million over six years, with nearly $11 million laundered to Marasigan and others. Marasigan holds U.S. and Philippine passports, returned to the Philippines under a court stipulation for medical reasons, failed to return, ceased contact, and now faces a federal arrest warrant.
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