Tag: redwood bank
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In 1980, Marcos Used Cronies to buy Redwood Bank in SF to Launder Stolen Money From Philippine Government
Another U.S. bank Ferdinand Marcos bought to launder funds was Redwood Bank in San Francisco. Dewey Dee admitted he & Rolando Gapud were dummies of Marcos in buying the Bank breaking U.S. Federal Laws. PCGG recovered and sold Marcos’ shares in the bank for $6.8 million in 1999. Chicago Tribune March 23, 1986 article MARCOS…
