"New York Attorney General Sues Citibank for Online Fraud Protection Failure"

New York Attorney General Letitia James has filed a lawsuit against Citibank, alleging that the bank failed to protect and reimburse victims of electronic fraud, costing New York account holders millions of dollars. Citibank denies the allegations, stating that it works hard to prevent threats and assist customers who become victims of fraud. The lawsuit includes specific cases of individuals who had thousands of dollars stolen from their accounts and were not reimbursed, and alleges that Citibank must reimburse victims of fraud under the Electronic Fund Transfer Act.