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NY AG sues Citibank for failing to protect and reimburse victims of electronic fraud

Image of Citibank exterior and signage.
Photo: Private

Julie DiMauro

2 min read
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New York AG Letitia James sued Citi in federal court, alleging bank failures led to customers losing millions of dollars to scammers.

New York Attorney General (AG) Letitia James has filed a lawsuit against Citibank, alleging the bank failed to do enough to protect and reimburse victims of fraud.

The lawsuit argues that New York customers lost millions of dollars – in some cases their entire lifesavings – to scammers and hackers

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