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Nico Valdez, a licensed financial advisor, receives PHP 6,600,000 in cash from a client known to be a drug trafficker. To launder the proceeds, he engages in: (a) deposits portions into four bank accounts: his own, a corporate account controlled by a business associate, a charitable foundation created by a relative, and a shell account controlled by a third party; (b) he capitalizes a private technology firm by recording the funds as paid-in capital; (c) he transfers part of the funds to a foreign bank account under a nominee, routed through a corporate service provider; (d) he purchases a luxury yacht in the name of a relative and uses it as collateral to obtain a loan from a local bank. The predicate offense is drug trafficking. Under the Anti-Money Laundering Act (R.A. 9160, as amended by R.A. 10927 and R.A. 11521), answer: (a) Identify the acts in these facts that constitute 'money laundering'—i.e., the modes by which money laundering is committed. (b) Do these facts establish liability for money laundering? Explain the elements and the mental state required, including knowledge that the property is proceeds of a crime and the role of the offender in the transaction. (c) If liability attaches, discuss whether Nico would be a principal or accomplice, and whether the sister, foundation, or shell account may also be liable in relation to the acts described.