Sims and Reynoso allegedly lured thousands of victims worldwide to purchase “investment packages” from OmegaPro using ...

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 ...

The Environmental Protection Agency says the sprawling tax and policy bill should give it a victory in its fight to freeze ...

Discover how a Texas resident sued a US bank over a $20 million romance scam. Citibank faced allegations of negligence.

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

Asian crime syndicates’ online scams have reached industrial proportions, cheating victims around the world out of more than ...

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

Citibank is being sued for allegedly failing to flag suspicious transfers tied to a $20 million crypto romance scam. The plaintiff claims the bank ignored red flags, including large round-number ...

A Citibank representative declined to comment on the CFPB’s withdrawal, but referred the New York Law Journal to an earlier statement on the case.

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 case is New York v. Citibank N.A., 24-cv-00659, US District Court, Southern District of New York (Manhattan). More stories like this are available on bloomberg.com ©2024 Bloomberg L.P.

Citibank declined to comment on Jacobson’s case, but in a statement, a Citibank spokesperson told us, "Citi closely follows all laws and regulations related to wire transfers and works extremely ...