Woman loses $340K in wire transfer scam — alleges 4 banks did little to stop it

A woman who lost her family’s life savings to scammers posing as Hong Kong authorities says she was “scared to death” and that four banks should have done more to protect her. A wire fraud expert says banks are obligated to make sure customers aren’t exploited and should do more to protect victims.

from CBC | Canada News https://ift.tt/3kaNNqO