View Full Version : Brains behind Basketball gambling to be unmasked soon

10-09-2009, 04:57 AM
Anybody knows who are the brains behind basketball gambling ?

October 09, 2009

It’s more organized than jueteng, says PAOCC
By: Zean Macamay

THE country’s basketball gambling problem runs deeper than it may seem, involving players as young as high school students, and operated by men of wealth.

It’s the main reason why game-fixing and point-shaving persist, with at least P100 million in bets raked in every playing date, and it knows no bounds as well, already cracking the collegiate leagues since way back back.

“This is more organized than jueteng,” said Butch Belgica, Commissioner of the Presidential Anti-Organized Crime Commission (PAOCC).

Advanced technology has made the illegal industry grow into a huge operation. Bets are mostly received through cellphones – text messaging or calls – and are placed every time there is a basketball game.

Financial gains and losses are computed on a weekly basis.

Belgica said that PAOCC’s years of surveillance may soon claim positive results.

In a talk with People’s Journal, Belgica said that they already have ‘gathered the names and profiles of the top bankers/operators’ and ‘arrests may be expected soon.’

Since the operation is still ongoing, Belgica did not identify the operators.

“I have recommended to the President (Ms. Macapagal-Arroyo) the utilization of all anti-organized crime and anti-illegal gambling units in various law enforcement agencies in close coordination with the PAOCC,” Belgica said.

“Communications to the DoJ (Department of Justice) and DILG (Department of Interior and Local Government) on this matter are being initiated.”

The PAOCC arrived at this crucial stage after hearing testimonies from former operators themselves who have ‘reformed,’ and from those whose relatives have been victimized.

As an example, Belgica bared that a nephew of a city prosecutor and a student of an exclusive school was forced to flee the country after the gambling syndicate demanded payment for a P5 million bet.

“Collateral activities such as game fixing, theft, drug pushing, violence against persons, and even murder are perpetrated,” Belgica said. “Students steal from their families and friends to sustain their vices while others, due to pressures, take and sell drugs.”

At the moment, Belgica said that the PAOCC is soliciting the assistance of the UAAP, the NCAA and other basketball league organizers.

“Unless addressed appropriately, a culture of gambling and racketeering might extend to forms that are more nefarious and become uncontrollable,” Belgica said.

10-13-2009, 02:09 PM
“Unless addressed appropriately, a culture of gambling and racketeering might extend to forms that are more nefarious and become uncontrollable,” Belgica said.

I guess he is talking about the dominant power-relations in Philippine Society. Racketeering? Start with Malacanang, Mr. Belgica. Then to the Senate, congress, the courts, and the whole state machinery.

O sige na nga, arestuhin niyo na ang mga small-time foot-soldiers. Hanggang duon lang naman yan. Sa mga pipitsuging utusan. :D

11-01-2009, 01:42 AM
How soon is now?

As a banker in Manila and here and Vancouver, here's my other concern. Money-laundering. Can the leagues be used to launder money? Of course.

The 3 stages of money laundering

Essentially, there are three primary (though often overlapping) stages in the money laundering “spin cycle”:

* The placement stage
* The layering stage
* The integration stage

Money Laundering: The Placement Stage

During the placement stage, the hard currency generated by the sale of drugs illegal firearms, prostitution or human trafficking, etc. needs to be disposed of, and is deposited in an institution or business. Expensive property or assets may also be bought.

Money Laundering: The Layering Stage

During the layering stage, money launderers endeavour to separate illegally obtained assets or funds from their original source. This is achieve by creating layer upon layer of transactions, by moving the illicit funds between accounts, between businesses, and by buying and selling assets on a local and international basis until the original source of the money is virtually untraceable.

The more transactional layers are created, the more difficult it becomes for an auditor to trace the original source of illicit funds, and thus anonymity is achieved.
Money Laundering: The Integration Stage

Upon successful completion of the financial layering process, illicit funds are reintroduced into the financial system, as payment for services rendered, for example. By this stage, illegally obtained funds closely resemble legally generated wealth.

Depending on the money laundering mechanisms available to the launder, these three steps may overlap. Whether the money laundering process starts with a deposit or a purchase, the methods will invariable entail layers of shape-shifting transaction aimed at distancing the funds or assets from their source origins. The further this transactional distance becomes, the “cleaner” the laundered money appears.


Gambling and money-laundering. Deadly combination.

11-01-2009, 01:44 AM
Kung gambling wala pang natiklo, money-laundering pa kaya? :D

11-01-2009, 02:08 AM

i love to to bet on games ;D. friendly wagers among friends. but now, with the increase of game-fixing rumors and influential backers of collegiate teams, betting on your team among your group of friends now boils down to finding WHO the team manager and sponsor of your team instead of the players of your team. this just takes away the fun in sideline bets.

11-03-2009, 11:56 PM
Kung gambling wala pang natiklo, money-laundering pa kaya? :D

;D ;D ;D

12-15-2009, 07:55 AM
Have the brains been unmasked ? Haven't heard any news.

12-16-2009, 10:36 PM
Nauna kasi ang pasikat bago gawa. Ayan.