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Filipina in Texas sentenced to more than 8 years for $1M+ Ponzi scheme

/ 12:06 AM September 13, 2018

Nemelee Liwanag Jiao was sentenced to more than 8 years for wire fraud. CONTRIBUTED

DALLAS – A federal judge on September 5 sentenced Nemelee Liwanag Jiao of Dallas, Texas and San Fernando, Pampanga, to 8 years and a month plus 3 years of supervised release for a $1 million-plus Ponzi scheme that victimized Filipino, African, Indian, and Korean fellow medical workers.

She was also required to pay a restitution of $1.9 million to her victims.
Jiao was indicted by a federal grand jury for wire fraud in May 20q7; she pleaded guilty last Dec 14, 2017. Her original sentencing was scheduled on April 4, and after multiple postponements, she finally received the sentence.

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Money from Jiao’s Ponzi scheme was reportedly sent to Philippines and used by her Born-Again Christian family (her parents and siblings are all pastors) to build the El Shalom & City Sanctuary now headed by her brother Junel Liwanag, the Shepherds Light Learning Center. She also reportedly bought buy two luxury SUVs, built a house in an exclusive subdivision in San Fernando and went on holidays abroad in the guise of religious training. Jiao also reportedly had a lavish lifestyle, including membership in the exclusive Hackberry Country Club.

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TAGS: federal grand jury, Nemelee Liwanag, Ponzi scheme, wire fraud
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