Lawsuit Alleges Citibank Ignored Red Flags, Aided Scammers in $20,000,000 Pig Butchering Romance Scam
2025-07-01 07:08:49
Description
A Texas man is suing the financial giant Citibank for allegedly enabling scammers in a $20 million pig butchering scheme. Pig butchering scams typically involve scammers gaining the trust of victims over time to convince them to invest digital assets or cash into fraudulent websites that they control. Michael B. Zidell says in newly filed court documents that he was contacted on Facebook in early 2023 by someone claiming to be a California business owner named Carolyn Parker. Zidell says he perc...
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