FBI Most Wanted Fraudster Accused of Stealing Millions From Sick Children’s Charity Bingo Scheme

GUAM / HAWAII — A major fraud case involving a bingo operation allegedly marketed as a fundraiser for sick children has sparked outrage after investigators revealed millions of dollars may have been stolen from a program designed to support medical travel for families in need.

Federal authorities have placed Guam bingo operator Michael Marasigan on the FBI’s Most Wanted Fraudsters list, accusing him of orchestrating a large-scale financial scheme that misled donors and participants for years.

Alleged Charity Fund Misused Over Several Years

According to investigators, Marasigan and alleged co-conspirators operated a bingo-based fundraising network between 2015 and 2021, claiming proceeds would help fund travel expenses for sick children receiving treatment at Shriners Hospitals for Children in Honolulu.

However, law enforcement officials say financial records suggest that a significant portion of the estimated $34 million bingo operation was diverted and laundered rather than being used for its stated charitable purpose.

Authorities allege that the scheme exploited public trust, particularly among families who believed their participation was directly helping children access life-saving medical care.

Victims Speak Out After Learning the Truth

The allegations have deeply affected families who participated in the bingo events under the impression they were contributing to a meaningful cause.

One former Shriners parent, who previously attended the events, described the discovery as devastating, saying she felt “betrayed” after learning that the fundraising effort may not have been what it appeared.

For many, the emotional impact of the case has been as severe as the financial loss, as donors believed they were supporting vulnerable children in urgent need of assistance.

Millions Allegedly Laundered Through Operation

Federal investigators say the operation involved complex financial activity, with millions of dollars allegedly moved through various channels in an effort to conceal the true destination of funds.

The investigation remains ongoing, and authorities have not yet disclosed the full scope of additional individuals who may be involved.

Officials emphasize that financial crimes of this nature can take years to fully uncover due to the scale and complexity of transactions involved.

FBI Pursuit Continues

The FBI’s decision to place Marasigan on its Most Wanted Fraudster list signals an escalation in efforts to locate and apprehend him.

Law enforcement agencies are now coordinating across multiple jurisdictions, and the public is being urged to come forward with any information that could assist in the case.

Authorities have also reminded the public that individuals charged in fraud cases are presumed innocent until proven guilty in a court of law.

Community Shock and Calls for Accountability

The revelations have sparked widespread anger and concern among communities connected to the Shriners organization and families who believed they were contributing to a charitable cause.

Many are now calling for stronger oversight of fundraising operations to prevent similar cases from occurring in the future.

Ongoing Investigation

Officials say the investigation remains active as they work to trace funds, identify additional suspects, and determine the full extent of the alleged scheme.

For now, what was once believed to be a charity effort has become one of the most disturbing fraud cases in recent memory—leaving behind questions of trust, accountability, and justice.

Authorities continue to investigate. All individuals named are presumed innocent unless and until proven guilty in a court of law.