Tag: $81 million money-laundering scheme

BSP submits proposed sanctions regarding $81M money laundering scheme

QUEZON City, Philippines – The Bangko Sentral ng Pilipinas is ready to submit its draft report regarding possible sanctions on those involved in the $81 million money-laundering scheme, which is considered as the largest money-laundering scheme in history. The BSP is now examining the draft report in fine detail due to the involvement of a bank as well as the banking system of the Philippines. (Eagle News Service Described by Jay Paul Carlos, Video Editing […]

Money-laundering mastermind, back in the Philippines

MANILA, Philippines – Casino operator Kim Wong is now back in the Philippines and according to his counsel, he is ready to face the Senate Blue Ribbon Committee. Wong is the alleged mastermind behind the $81 million money-laundering scheme against the Central Bank of Bangladesh. (Eagle News Service Described by Jay Paul Carlos, Video Editing by Dexter Magno, Uploaded by MRFaith Bonalos)