BI arrests man wanted in US for theft, money laundering
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MANILA, Philippines — Agents of the Bureau of Immigration (BI) have arrested an American who is wanted in the United States for money laundering and theft.
Immigration Commissioner Jaime Morente identified the suspect as Renato Rivera Cuyco Jr., 48, according to BI statement issued on Wednesday.
He was arrested by the BI Fugitive Search Unit (FSU) in a condominium unit at Bonifacio Global City in Taguig City, on Tuesday, March 29.
According to Morente, the suspect will be deported to the US. An order for his summary deportation had already been issued last year by the BI Board of Commissioners.
“He was also already placed on our immigration blacklist. Thus, he is banned from reentering the country for being an undesirable alien,” Morente said.
Rendel Sy, the BI-FSU acting chief, said the warrant for Bucoy’s arrest was issued on May 1, 2018, by a US District Court in New Jersey on charges of money laundering and theft by deception.
Reports revealed that Bucoy was involved in the illegal acquisition and sale of 58 luxury vehicles to third-party export companies and unsuspecting buyers — profiting by as much as $3 million.
Furthermore, it was discovered that the fugitive is already an undocumented alien as his passport has already been revoked by the US State Department.
He is now detained at the BI Warden Facility in Camp Bagong Diwa, Taguig City while awaiting deportation.
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