Justice Department officials are reviewing proposed racketeering and fraud charges against former Philippines President Ferdinand Marcos and his wife, law enforcement officials have confirmed.
Prosecutors are seeking approval from their superiors to bring indictments alleging a racketeering conspiracy to loot the Philippines government over two decades and fraud in the way money was concealed behind false ownerships, officials who spoke on condition of anonymity told The Associated Press.The officials confirmed the proposed charges following a report Wednesday on the matter on NBC News.
Federal law enforcement officials said last December that the U.S. Attorney's office in Manhattan was studying whether Marcos unlawfully acquired some New York real estate and fraudulently tried to transfer it.
Those sources said the prosecutors also were investigating whether Marcos and his wife, Imelda, illegally acquired millions of dollars in jewelry brought into the United States when they fled the Philippines in 1986.
The Philippines government is attempting to recover through a civil suit four Manhattan office buildings worth an estimated $326 million.