A former manager of Rizal Commercial Banking Corp. (RCBC) was found guilty of money laundering involving an $81-million cyberheist on the Bangladesh central bank in 2016.
Judge Cesar Untalan of Makati Regional Trial Court Branch 149 sentenced Maia Deguito on Thursday to four to seven years of imprisonment each for eight counts of money laundering. The court also ordered Deguito to pay a fine of $109 million.
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