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Citibank Ordered to Pay $3.5 Million for Fraud

1/3/2026

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Summary

Story summary

Citibank must pay nearly $3.5 million to Leileth Faye Graham, an 80-year-old, after failing to prevent fraud in her accounts.
Queens Supreme Court Justice Bernice Siegal sanctioned Citibank for concealing evidence.
The court ordered treble damages under Electronic Funds Transfer Act (EFTA).
Graham's niece Ingrid Gayle expressed concerns that Graham's aunt may not enjoy the funds due to declining health.
Citibank has appealed the decision, claiming it does not have Graham's money.

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Story summary

Citibank must pay nearly $3.5 million to Leileth Faye Graham, an 80-year-old, after failing to prevent fraud in her accounts.
Queens Supreme Court Justice Bernice Siegal sanctioned Citibank for concealing evidence.
The court ordered treble damages under Electronic Funds Transfer Act (EFTA).
Graham's niece Ingrid Gayle expressed concerns that Graham's aunt may not enjoy the funds due to declining health.
Citibank has appealed the decision, claiming it does not have Graham's money.