Tag: $81-million cyberheist

DOJ prosecutor denies appeal of five RCBC officials indicted over $81-million cyberheist

(Eagle News)– The Department of Justice has denied the appeal of five RCBC officers who were indicted for violation of the Anti-Money Laundering Act in connection with the $81-million cyberheist. In a statement, Justice spokesperson Markk Perete said in rejecting the RCBC Retail Banking Ground officials’ motion for reconsideration, the investigating prosecutor ruled they deliberately avoided knowledge of the crime “by failing to make a reasonable inquiry about suspected wrongdoing, despite being aware that it […]