Money from Bangladesh Bank heist passed through Bloomberry: lawsuit

A lawsuit in United States alleges that money worth US$26.2 million from the infamous online heist from Bangladesh Bank in 2016 passed through the accounts of a casino run by Philippine-based casino developer Bloomberry Resorts Corp. The company has reported this in a filing to stock exchange. Bloomberry Resorts runs the Solaire Resort and Casino in the Philippine capital Manila, which is one of the defendants in the civil action in the U.S. District Court for the Southern District of New York. It had been reported at the time news of the alleged theft broke, that an aggregate of US$81 million was involved and had then entered the Philippine financial system, with some of the cash allegedly being channelled via several Philippine casinos.

The Bloomberry Resorts group stated in a Tuesday filing to the Philippine Stock Exchange: “Bloomberry Resorts and Hotels Inc. is impleaded as one of 17 Philippine companies and individuals in the suit because the amount of PHP1.365 billion of alleged stolen funds passed through Bloomberry Resorts and Hotels’ bank account in that incident in 2016.”