Manila ex-banker gets jail, $147 million fine over Bangladesh cyberheist

MANILA - A Philippine former banker was handed a lengthy jail term and US$109 million (S$147 million) fine on Thursday (Jan 10) in the first conviction over one of the biggest ever cyber heists which saw US$81 million stolen from Bangladesh's central bank.

Shadowy hackers transferred the cash in 2016 from Bangladesh's US accounts to Philippine bank Rizal Commercial Banking Corp (RCBC), where it was swiftly withdrawn.



from Asia
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