Crypto Fraud Victim Sues Citibank Over $20M Lost in Love Scam

Zidell alleges the bank failed to act and detect on suspicious wire transfers connected to the rip-off, which led to substantial monetary loss. Zidell then began transferring funds to different bank accounts supplied through the website, apparently as part of the NFT investment. Zidell made a total of 43 transfers across several banks, with twelve of those deals, amounting to nearly $4 million, sent to accounts held at Citibank under the name Guju Inc.

Zidell alleges the bank failed to act and detect on suspicious wire transfers linked to the scam, which led to considerable monetary loss. Zidell then started moving funds to different bank accounts provided through the website, apparently as part of the NFT investment. Zidell made a total of 43 transfers across several banks, with twelve of those deals, amounting to almost $4 million, sent out to accounts held at Citibank under the name Guju Inc.

Zidell alleges the bank failed to act and detect on suspicious wire transfers connected to the fraud, which led to considerable financial loss. Zidell then began transferring funds to various bank accounts supplied through the site, allegedly as part of the NFT investment. Zidell made an overall of 43 transfers across numerous banks, with twelve of those transactions, amounting to almost $4 million, sent out to accounts held at Citibank under the name Guju Inc.