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Tag: Elder financial abuse

$20M Crypto Romance Scam: Lawsuit Targets Banks for Negligent Monitoring

Landmark lawsuit accuses banks of enabling pig butchering scams through negligent monitoring—potentially reshaping financial accountability.

Citibank Sued for $20M Over Crypto Romance Scam: Ignored Red Flags

Citibank faces $20M lawsuit after processing scam wires to shell company Guju Inc., exposing systemic banking vulnerabilities.