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Bank fraud probe tags 6 ‘persons of interest’

WE FOUND ’EM: Union Bank announced a breakthrough in a recent scam.

MANILA, Philippines — Six “persons of interest” have been identified in relation to the recent cyberfraud attack against the country’s largest bank, BDO Unibank Inc., whereby some of the funds were illegally transferred to accounts at UnionBank of the Philippines (Unionbank).

This is according to UnionBank chief technology and operations officer Henry Aguda, who did not name the suspects.

A surge of social media posts complaining about unauthorized bank transfers over the weekend prompted the Bangko Sentral ng Pilipinas (BSP) on Sunday to urge both banks to implement remedial measures.

In a press briefing on Wednesday, Aguda said Unionbank already filed with the National Bureau of Investigation and the Philippine National Police information that the bank gathered in relation to funds that were illegally transferred from BDO clients.

There were close to 700 BDO clients affected by this incident, some of whose funds were transferred to Unionbank, which in turn has since frozen about P5 million worth of funds.

“As one of the receiving banks, Unionbank stands in solidarity with the entire banking industry and the relevant government agencies in fighting against the cybercriminals. We are collaborating closely with BDO. In fact, we’ve started collaborating even over the weekend,” Aguda said.

Apart from the cases filed with the PNP and the NBI, all the necessary reports would likewise be…

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