Published 1 month ago

Citigroup challenges New York lawsuit over fraud scams: Report

Summary by WION

Citigroup, one of the major players in the US banking sector, is pushing back against a lawsuit brought by New York Attorney General Letitia James, who accuses its Citibank unit of neglecting to reimburse customers who have fallen prey to online scammers.

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WION

Citigroup challenges New York lawsuit over fraud scams: Report

1 month ago·Noida, India

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Devdiscourse

Citigroup urges dismissal of 'misguided' New York lawsuit over fraud scams

Citigroup urges dismissal of 'misguided' New York lawsuit over fraud scams Citigroup on Tuesday urged a federal judge to dismiss New York Attorney General Letitia James' lawsuit accusing its Citibank unit of failing to reimburse customers who fall victim to online scammers.While recognizing that the problem of online wire fraud "is real," the third-largest U.S. bank faulted James' "misguided" effort to hold it liable under a federal law governi…

1 month ago

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