Pinay in $6.4million money laundering case jailed 3.5 years

A Filipina who opened accounts in eight banks and then sold them for sums ranging from $500 to $3,000, resulting in their ending up being used as depository for $6.4 million raised in scams, was sentenced today by the District Court to 40 months and 26 days in prison. Vermadel Canonero, 49 years old, wiped away tears as Deputy District Judge Ivy Chui read her decision convicting Canonero for eight counts of dealing with property known or believed to represent proceeds of an indictable offence, c

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