Lawsuit Alleges Citibank Ignored Red Flags, Aided Scammers in $20,000,000 Pig Butchering Romance Scam

{"id":"https://dailyhodl.com/?p=336539","title":"Lawsuit Alleges Citibank Ignored Red Flags, Aided Scammers in $20,000,000 Pig Butchering Romance Scam","primaryLink":"https://dailyhodl.com/2025/07/01/lawsuit-alleges-citibank-ignored-red-flags-aided-scammers-in-20000000-pig-butchering-romance-scam/","links":["https://dailyhodl.com/2025/07/01/lawsuit-alleges-citibank-ignored-red-flags-aided-scammers-in-20000000-pig-butchering-romance-scam/"],"updatedOn":"0001-01-01 00:00:00Z","publishDate":"2025-07-01 07:04:10Z","summary":"

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 […]

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The post Lawsuit Alleges Citibank Ignored Red Flags, Aided Scammers in $20,000,000 Pig Butchering Romance Scam appeared first on The Daily Hodl.

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