Overseas Chinese Assoc contests forfeiture
The Overseas Chinese Association is opposed to the federal government taking $118,000 that was identified in a bank account.
By KUAM Newsby Mindy Aguon
Guam - The Overseas Chinese Association is opposed to the federal government taking $118,000 that was identified in a bank account. Attorney Randy Cunliffe entered his appearance on behalf of the Overseas Chinese Association Center through its president, Betsy Ho.
In a brief statement to the District Court, the organization and ho filed a claim in order to contest the forfeiture of the money that the feds contend were proceeds for illegal gambling. More than a dozen bank accounts were frozen following several FBI raids of establishments run by members of the OCAC that identified illegal gambling. The feds are also looking to have a condominium in California that ho purchased forfeited as well.
Ho's sons - Roland, Ronson and Ryan - have retained an attorney making a claim on that property on behalf of their mother.