❌
Improvements
Thank you for your feedback!
Error! Please contact site administrator!
Send
Sending...
×
  • News,
  • Philippines
  • January 11, 2019 , 04:55pm

Ex-bank manager guilty of money laundering

Ex-bank manager guilty of money laundering

Ex-manager

Maia Santos-Deguito

Philstar.com

MANILA, Philippines — A Makati City court  Thursday (Jan. 10) convicted a former bank branch manager of money laundering for her role in one of the biggest cyber-heists in history involving $81 million belonging to the Bangladesh government.

In a 26-page decision, Judge Cesar Untalan of Makati Regional Trial Court (RTC) Branch 149 sentenced Maia Santos-Deguito to prison terms of up to 56 years, or four to seven years for each of the eight counts of money laundering.

The court also ordered her to pay $109 million in fines. But the court allowed her to remain free on bail as her lawyer prepares to appeal her conviction.

(Read story…)

Comments (0)

Click here to cancel reply

Categories

  • An Uncomplicated Mind
  • At Ground Level
  • Community
  • Environment
  • Health
  • Notebook
  • Opinion & Analysis
  • Philippines
  • Printed Front Page
  • Round Up
  • An Uncomplicated Mind
  • At Ground Level
  • Community
  • Environment
  • Health
  • Notebook
  • Opinion & Analysis
  • Philippines
  • Printed Front Page
  • Round Up
  • An Uncomplicated Mind
  • At Ground Level
  • Community
  • Environment
  • Health
  • Notebook
  • Opinion & Analysis
  • Philippines
  • Printed Front Page
  • Round Up
  • An Uncomplicated Mind
  • At Ground Level
  • Community
  • Environment
  • Health
  • Notebook
  • Opinion & Analysis
  • Philippines
  • Printed Front Page
  • Round Up
  • Classifieds
  • Events
  • About us
  • Contact
  • Advertise
  • Simple Promotion
  • Classifieds
  • Events
  • About us
  • Contact
  • Advertise
  • Simple Promotion
  • Classifieds
  • Events
  • About us
  • Contact
  • Advertise
  • Simple Promotion
  • Classifieds
  • Events
  • About us
  • Contact
  • Advertise
  • Simple Promotion
Based in Toronto, Ontario, Canada, The Philippine Reporter (print edition) is a Toronto Filipino newspaper publishing since March 1989. It carries Philippine news and community news and feature stories about Filipinos in Canada and the U.S.
Powered by Software4publishers.com
Please write the reason why you are reporting this page:
Send
Sending...
Please register on Clascal system to message this user
Reset password Return registration form
Back to Login form