#banking-negligence

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US news
fromMoneywise
2 days ago

NYC grandma, 86, loses entire life savings of $700K in twisted scam - now she's suing Bank of America, Merrill Lynch for negligence. Who's at fault?

An 86-year-old with memory loss was manipulated into withdrawing $700,000 over months to buy gold, while banks failed to flag the unusual transactions.
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