MANILA -- A Philippine court found former bank manager Maia Santos-Deguito guilty of money laundering offenses on Thursday, in the first criminal conviction related to the 2016 heist of Bangladesh's central bank.
Deguito, a former branch manager at Philippine lender Rizal Commercial Banking Corp., was found guilty at a Makati regional trial court of eight charges in connection with the country's largest money laundering transaction. She faces four to seven years in prison for each offense, as well as fines of up to $110 million.
