Bonnie, Clyde, and Kim Jong-un

Published May 27, 2016 3:32pm ET



This week comes yet more evidence—as if any were needed—that North Korea is not actually a functioning nation-state, but rather a criminal enterprise masquerading as a country. A spectacular bank heist earlier this year, which saw the South Asian nation of Bangladesh robbed of $81 million, has now been linked to the rogue regime.

The bank robbery didn’t involve ski masks, guns, or hostages; the Korean People’s Army is no Symbionese Liberation Army. Rather, hackers working for North Korea wended their way into the Bangladesh Bank’s computer system, and ordered the bank to transfer nearly $1 billion in funds to various accounts overseas. Only North Korea’s poor English skills saved Bangladesh from losing the full billion: Bankers became suspicious when they discovered that “Foundation” had been misspelled “Fundation” on one transfer-of-funds request. That unraveled the plot, but by then, more than $81 million had been robbed from the impoverished sub-continental nation.

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