Citigroup Calls for Dismissal of New York Lawsuit Over Online Scams

Citigroup Inc.’s (C) lawyers pleaded to Paul Oetken, a U.S. District Judge, to dismiss the lawsuit filed by New York Attorney General Letitia James. The lawsuit accuses C’s subsidiary, Citibank, of failing to reimburse customers for online scams. This news was first reported by Bloomberg News on Tuesday.Brief Details on Citigroup’s LawsuitThe lawsuit was initiated in January 2024 by Letitia James claiming that Citibank's inadequate security measures allowed scammers to infiltrate customer accounts easily an ...