When New Yorkers Deposit Their Money

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Regulation, Reliance Solutions, Terry Monteith, Thacker & Associates, Tri Star Consumer Group, What's Hot Judge Rules New York Lawsuit Against Citibank Can Proceed by Pymnts | January , | Citibank Will Have to Face a New York State Lawsuit Alleging That It Failed to Protect and Reimburse Victims of Fraud.

a Federal Judge Rejected the Bank’s bangladesh number database Request to Dismiss the Lawsuit, Reuters Reported Tuesday (Jan. ). Citibank Had Argued That the Law Under Which It is Being Charged Expressly Excluded Wire Transfers, According to the Report. However, the Judge Ruled That Was Not the Case. New York Attorney General Letitia James Said in a Tuesday Press Release That the Court Found That the Electronic Fund Transfer Act (Efta) Applied to Unauthorized Wire Transfers Made Through Citibank’s Consumer Accounts.

in a Bank, They Expect It to Be Kept Safe From Scammers and Thieves, James Said in the Release. Citi’s Failures to Protect Its Customers’ Accounts Are Costing New Yorkers Millions of Dollars. Today’s Decision Will Allow Us to Continue Our Case Against Citi to Help Those Whose Savings Were Stolen and Ensure the Bank Follows the Law to Protect Its Customers.