Rizal Philippines
March 16, 2016
Hooray It is the date of "discovery of the Philippines by Magellan in 1521"
And today, the Philippines is well known to the world because of being the center of one of biggest heist in banking history almost a hundred million dollars of about P4 billion pesos. Name any hold up that could equal that amount. Many also remark that it is true that thieves and robbers use laptops and ipads to rob a bank - no more guns, acetylene torch, dynamites, drills and tunneling.
The latest heist involve a hacking of the Bangladesh Central Bank account at the Federal Bank of New York using the interbank messaging system known as SWIFT (the equivalent of cable before)
This was wired to RCBC in Jupiter branch allegedly to the account of William Go, erstwhile owner of S & R (but claims his signature at the bank was forged) and five others - Another $850 was to be transferred had the heist not been discovered. The money eventually found its way into the casinos and was made clean.Michael Cruz, Jessie Lagrosas, Alfred Vergara, Enrico Vasquez and Kam Sin Wong (Kim Wong).
It is to be noted that the said mentioned bank has become stricter. A relative who was to make a withdrawal in excess of the covered transaction was being asked a lot of question
