BREAKING: RCBC manager guilty of money laundering – Makati RTC
Credit to Author: cbibe| Date: Thu, 10 Jan 2019 01:19:54 +0000
MANILA, Philippines — The Makati City Regional Trial Court has found guilty former Rizal Commercial Banking Corp. branch manager Maia Santos-Deguito of money laundering for her involvement in the laundering of $81 million stolen by hackers from the Bangladesh Bank 2016.
Deguito was found guilty of seven counts of money laundering, imposing a penalty of up to seven years imprisonment for each count.
She was also required to pay not more than 200 percent of the value of the laundered amount. /cbb
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