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American wanted for theft, money laundering arrested in Taguig

Metrosundaily March 31, 2022

BUREAU of Immigration (BI) operatives arrested on Tuesday an American national wanted by US federal authorities for money laundering and theft.

In a statement, Immigration Commissioner Jaime Morente identified the fugitive as Renato Rivera Cuyco Jr., 48, who was arrested by elements from the BI’s Fugitive Search Unit in a condominium unit at the Bonifacio Global City in Taguig City.

Morente said Bucoy will be flown back to US immediately as an order for his summary deportation was already issued against him by the Bureau’s Board of Commissioners last year.

“He was also already placed in our immigration blacklist, thus he is banned from re-entering the country for being undesirable alien,” the BI Chief added.

According to BI-FSU Acting Chief Rendel Ryan Sy, a warrant for Bucoy’s arrest was issued May 1, 2018 by a US District Court in New Jersey.

Bucoy was allegedly charged before the said court with money laundering and theft by deception.

The charges reportedly stemmed from Bucoy’s involvement in the illegal acquisition and sale of 58 luxury vehicles to third-party export companies and unsuspecting buyers from which he profited by as much as US$3 million.

It was further learned that Bucoy is already an undocumented alien as his passport was already revoked by the US State Department.

He is now detained at the BI Warden Facility in Camp Bagong Diwa, Taguig City while awaiting deportation.

metrosundaily
Tags: american fugitive fugitive money laundering

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Source: USD/PHP @ Tue, 1 Sep.

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