A Bangladesh central bank team visiting Manila to recover $81 million stolen from its account in New York said it was close to getting back $15 million of the loot frozen by the Philippines, but first has to prove ownership of the cash to its hosts. Cyber criminals tried to steal nearly $1 billion from Bangladesh Bank's account at the Federal Reserve Bank of New York in February, and succeeded in transferring $81 million to four accounts at Manila's Rizal Commercial Banking Corp (RCB.PS), which was then laundered through the city's casinos, according to investigators. Only about $18 million, including $2.7 million frozen by the ... (Read the full story)
