$101m heist

Philippine bank let fund withdrawal despite NY bank stop order

The Rizal Commercial Banking Corp. allows the withdrawal of the bulk of the funds suspected to have been stolen by computer hackers from the Bangladeshi central bank despite having received an order from its counterpart banks abroad to stop the payment.

March 15, 2016
March 15, 2016

Philippine bank let fund withdrawal despite NY bank stop order

The Rizal Commercial Banking Corp. allows the withdrawal of the bulk of the funds suspected to have been stolen by computer hackers from the Bangladeshi central bank despite having received an order from its counterpart banks abroad to stop the payment.

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