Citibank Accused of Ignoring Warnings in Alleged $20M Crypto Fraud Case

Citibank Accused of Ignoring Warnings in Alleged $20M Crypto Fraud Case

Iconik Capital KG et al v. John Doe: Complaint (‘$1.5M Identity Theft’) - OffshoreAlert

Complaint against "an unknown individual or entity who fraudulently induced Iconik to transfer $1.5 million under false pretenses and opened an account at Citibank using stolen identity information belonging to Metrics" in Iconik Capital KG, of Germany, and Metrics Hongkong Pvt. Ltd., of Hong Kong v. John Doe, as Defendant, and Citibank N.A., as Nominal Defendant, at the U.S. District Court for the Southern District of New York.

A $20 Million Scam and the Opportunity That Follows

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Scams are growing more sophisticated… the related “inevitable” investment opportunity… big dollars flowing from the corporate world… how to invest VIEW IN BROWSER Granddaddy, please help me! The small voice on the other end of the line sounded panicked. As my elderly father tells the story, the call came from his “grandson” who was in… The post A $20 Million Scam and the Opportunity …

Investor Blames Citibank for Failing to Flag Fraudulent Crypto Transfers

Citibank is being sued for not acting on red flags tied to a $20 million crypto romance scam. The scam involved 43 transfers with 12 going through Citibank without proper fraud checks. Romance crypto scams caused over $5 billion in losses last year and the number keeps rising. Citibank is now facing a lawsuit after a customer lost $20 million in a crypto romance scam. Filed in Manhattan federal court, the suit accuses Citibank of negligence and …

Citibank Under Fire for Allegedly Ignoring $20M Crypto Pig-Butchering Romance Scam

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Citibank faces a lawsuit in Manhattan federal court after plaintiff Michael Zidell accused the bank of “turning a blind eye” to suspicious transactions tied to a $20 million crypto pig-butchering romance scam. Zidell alleged that he sent $20 million in 43 transfers, nearly $4 million of which Citibank processed thro…

Citibank Sued After $20M Vanishes in NFT Romance Scam

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