The self-claimed victim of a crypto romance scam that recently judged Citibank for failing to catch the red flags filed only a second lawsuit targeting two other banks.
Michael Zidell accused the East West Bank and Cathay Bank in a California federal court on Tuesday, accusing the banks of turning away “a blind eye to their law duties and duties.”
He claimed that he had sent 18 transfers covering nearly $ 7 million in the so -called scammers’ account At the East West Bank, and make 13 shifts worth more than $ 9.7 million in a Cathay Bank account.
Zidell Sued Citibank On June 24, it was accused of ignoring the red flags in 12 transfers of up to $ 4 million in bank accounts that scammers are said to be.
Cointelegraph contacted the East West Bank and Cathay General Bancorp, the parent company Cathay Bank, to comment.
Scam nft investments made on facebook romance
Zidell claimed in his demands against banks “Carolyn Parker,” a purported with -owned business, contacted him on Facebook in early 2023, and the pair was formed a Romantic relationship.
Parker told Zidell for a month in a relationship that he made millions of investments in unimaginable tokens, suggesting that he do the same and direct him to a trading platform.
Zidell decided to invest and, in the next few months, he said he sent 43 shifts worth more than $ 20 million to various bank accounts given to him by the platform, claiming it was necessary to process funds to many banks due to a large quantity of customer deposits.
He said in April 2023, the website for the platform “suddenly disappeared,” with Her million -million.
“Romance scam. Rug pull. Big butchering. These are just a few of the terms to describe the scam that the plaintiffs occurred.”
East West and Cathay are said to have helped fraud
Like his complaint against Citibank, Zidell’s latest lawsuch aims to hold the East West Bank and Cathay Bank is responsible for neglect and as “aiders and abettors” of security fraud.
“Defendants through their carelessness, material that Parker and his accomplices have helped by opening bank accounts, providing services along with wire transfers and allowing them to be used to perform the NFT Enterprise scam,” the suit said.
Related: 5 ‘Insidious’ Crypto scam to watch this person
It also argued that the two banks had a “duty to exercise due to monitoring of the weakening transactions,” but “failed to see the clear weak transactions.
Zidell said the “large, round number of funds, among other things, should have triggered the bank’s investigation into a suspicious activity.”
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The complaint is also looking to hold the East West Bank and the Cathay Bank is responsible for “helping and interrupting the adult abuse,” an accusation he did not do against Citibank.
Zidell did not mention his age in the complaint, but the law of California defined An adult as about 65 years of age and older.
His lawsuit is seeking compensatory injury, legal cost and interest in a jury test.
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