Michael Zidell sues Citibank for $20M, claiming the bank missed red flags in a crypto scam that drained his savings ...

Citibank criticized the case and moved for its removal, arguing that online transactions are wire transfers that are exempt from the EFTA, and instead governed by the Uniform Commercial Code.

I’ve become her personal fraud filter — and I honestly don’t mind. Because while she may be in her early 70s, I don’t see her ...

Citibank is being sued over claims it enabled a $20 million crypto romance scam through negligence and failure to flag ...

Citi denied her fraud case, according to the AG's lawsuit, which was filed in federal court in New York. The battle over who's liable for wire frauds comes as the industry grapples with "phishing" ...

A federal judge in New York ruled that the state's attorney general could move forward with her arguments that Citi failed to protect and reimburse victims of wire fraud, in a case primarily about ...

The lawsuit argues that New York customers lost millions of dollars — in some cases their entire lifesavings — to scammers and hackers because of Citi’s weak security and anti-fraud measures.

Two men and a woman were captured by surveillance cameras at the scenes of three of the nine crimes that ran from May 8 ...

Describing the case of a New York woman who lost $35,000 to a scammer in July 2022, the AG's press release stated: ... she was told that her claim for fraud was denied." Citi: ...

The lawsuit argues that New York customers lost millions of dollars — in some cases their entire lifesavings — to scammers and hackers because of Citi’s weak security and anti-fraud measures.

Letitia James, the New York state attorney general, sued Citigroup and argued it should be liable for fraud cases involving consumer wire transfers. But Citi said the AG's view would bring about a ...

The lawsuit argues that New York customers lost millions of dollars — in some cases their entire lifesavings — to scammers and hackers because of Citi’s weak security and anti-fraud measures.