Home FBI seeking Michael Lizaso Marasigan for illegal gambling and fraud

FBI seeking Michael Lizaso Marasigan for illegal gambling and fraud

The FBI are seeking Michael Lizaso Marasigan in connection with alleged illegal gambling activities and related financial crimes, and have placed him on the most wanted list.

He is wanted for violations of his pretrial release, according to his profile on the FBI website.

Between March 2015 and December 2021, Marasigan and his co-conspirators managed to defraud patrons at the Guam Shrine Club’s Hafa Adai Bingo by claiming that their funds would be used to transport children to the Shriner’s hospital for Children in Hawaii for medical care.

This fraudulent scheme generated around $34 million across the six years that it operated. Rather than direct the funds to the Shriner’s hospital for children, Marasigan and his conspirators laundered funds, ensuring that nearly $11 million of the proceeds went to the defendant and others.

Marasigan has ties with Guam and the Philippines, while he holds passports for both the USA and the Philippines, which is his country of birth.

A federal arrest warrant has been issued for Michael Marasigan

Marasigan was found guilty of those charges in May 2025, but he was awarded a Stipulation to travel with the court, which enabled him to return to the Philippines for medical reasons.

However, he did not return by the set date and ceased contact with the court in June last year. As such, a federal arrest warrant was issued for the 48-year-old in the United States District Court.

Marasigan is the only one of the conspirators who is on the most wanted list. Former Guam Shrine Club President Alfredo Leon Guerrero was part of the illegal gambling business, along with Minda San Nicolas and Juanita Capulong.

Unlike Marasigan, the trio all pleaded guilty before the trial and also testified as witnesses during the trial process.

Federal prosecutors found that of the $34 million raised between 2015 and 2021, none of it went to the Shriner’s hospital for Children.

Featured Image: FBI

About ReadWrite’s Editorial Process

The ReadWrite Editorial policy involves closely monitoring the gambling and blockchain industries for major developments, new product and brand launches, game releases and other newsworthy events. Editors assign relevant stories to in-house staff writers with expertise in each particular topic area. Before publication, articles go through a rigorous round of editing for accuracy, clarity, and to ensure adherence to ReadWrite's style guidelines.

Ross Kilvington
Freelance Journalist

Ross Kilvington is a Scottish freelance writer with extensive experience in both sport and iGaming. Since November 2021, he has contributed to publications such as FotMob, Golf Monthly, Today’s Golfer, Football FanCast, and PokerScout, covering everything from breaking news to in-depth features across a variety of sports and topics. More recently, Ross has focused on the betting and gambling industry, producing engaging and insightful content for FIRST.com, Bonus Finder, and Odds Now. Away from writing, he is a devoted Rangers supporter, an avid reader, and a father who enjoys spending time with his young family. A keen golfer, Ross is…