The Enforcement Directorate has restored Rs 11 crore to Citibank related to a 2010 fraud by Shivraj Puri, who misled ...

The bank had settled claims amounting to Rs 302.37 crore to the investors of the scheme perpetrated by Shivraj Puri, the ...

A federal judge in New York ruled that the state's attorney general could move forward with her arguments that Citi failed to protect and reimburse victims of wire fraud, in a case primarily about ...

Today’s decision will allow us to continue our case against Citi ... legal action against Citibank for its alleged failure in ...

But Oetken disagreed and found that the intrabank transfers consolidate consumer funds to facilitate a subsequent fraud. James also claims that ... “Today’s decision will allow us to continue our case ...

The lawsuit argues that New York customers lost millions of dollars — in some cases their entire lifesavings — to scammers and hackers because of Citi’s weak security and anti-fraud measures.

Citigroup has acknowledged online wire fraud as a "real" problem, but said its systems stop "countless" fraudulent transactions every day. The case is New York v Citibank NA, U.S. District ...

Hundreds of Citibank customers reported receiving fraud alerts and having difficulty logging into the app on Wednesday. The issues began around 9 a.m. ET with a spike of reports coming early in ...

Citibank confirmed its app was experiencing technical issues on Wednesday after hundreds of Citibank customers reported receiving fraud alerts and difficulties accessing their accounts. According ...

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