Join the hunt with two thrilling adventures: Steel's Treasure and the newly released Steel's Gold!

The epic story of U.S. Air Force Captain William Steel, an intelligence officer with serious authority issues, and his hunt for billions of dollars of lost WWII Japanese treasure hidden in the mountainous jungles of the Philippines.

Sunday, March 20, 2016

Philippine Money Laundering



Well, if you've suddenly figured out how to steal 81 million dollars from a bank and need somewhere to launder the ill gotten cash, apparently the Philippines is the place to do your black banking.

In February 2016, 81 million was stolen from the Bangladesh central bank's accounts in the Federal Reserve Bank of New York and was discovered in the Philippine banking system where is was laundered in Philippine casinos.  The New York times has a great article on it

http://www.nytimes.com/2016/03/16/world/asia/bangladesh-bank-chief-resigns-after-cyber-theft-of-81-million



1 comment:

  1. Nice article, I was spending a lot of time for searching list of people in panama leaks
    , and tanks for this article:)

    ReplyDelete