Citigroup made a costly error but quickly reversed course after accidentally crediting a customer’s account with $81 trillion ...

The customer was only meant to receive $280, but Citi instead credited their account with $81 trillion ... Citi described the incident as a “near miss” — incidents where banks authorize ...

Then, when he most needed money, a thief went to a Citibank branch in the south suburbs and stole thousands from his account. When the bank would not quickly replace the stolen money he reached ...

Citigroup erroneously credited $81 trillion, instead of $280, to a customer’s account and took hours to reverse the transaction, a “near miss” that shows up the bank’s operational issues ...

That incident has left a bad taste in the mouth of the public, and it isn’t good PR for Citibank or the NYPD either. However, there are conflicting accounts of what led to the Citibank mass arrest.

Numerous Citibank customers reported receiving fraud alerts and having difficulty accessing their accounts Wednesday. According to DownDetector.com, which tracks reports of digital services ...

“We suspect Puri had lured as many as 30 Citibank account holders. We are preparing a list of those people. None of them have come after the incident came to light, but we have their contact ...

Correction: An earlier version of this post stated that one percent of all accounts were compromised. In fact, Citibank has said that one percent of credit card accounts were visible to hackers.