by | Jan 17, 2013 | Fraud
An attorney hoping to represent what he said was nearly 400,000 plaintiffs told a Philadelphia federal judge Thursday that customers accusing a Zions Bancorp subsidiary of complicity in a fraudulent telemarketing scheme warranted class certification, reports Matt Fair in today’s Law 360 article, Telemarketing Scam Victims Seek Class Cert. Against Zions.Howard Langer presented oral arguments on a class certification motion before U.S. District Judge Juan Sanchez.
by | Jan 29, 2010 | Fraud
Five national banks, including Wells Fargo and Wachovia, helped “unscrupulous telemarketers” launder millions of dollars they swiped from consumers, a class action claims in Philadelphia Federal Court.
by | Oct 13, 2008 | Fraud
Shannon Duffy reports on Wachovia to Pay $178 Million to Settle RICO Class Action in today’s edition of The Legal Intelligencer.
by | Oct 10, 2008 | Fraud
Wachovia Corp. agreed to pay what could amount to more than $200 million in a settlement of two class-action lawsuits accusing the bank of helping telemarketers fraudulently lift money from the accounts of customers, reports The Philadelphia Business Journal in Wachovia paying up to $200M to settle telemarketing case.
by | Feb 6, 2008 | Fraud
Charles Duhigg reports in The New York Times on Papers Show Wachovia Knew of Thefts. Last spring, Wachovia bank was accused in a lawsuit of allowing fraudulent telemarketers to use the bank’s accounts to steal millions of dollars from unsuspecting victims.
by Sean Callanan | May 20, 2007 | Fraud
In one of a series of articles by The New York Times’ Charles Duhigg, Bilking the Elderly, With a Corporate Assist, this piece details how thieves operated from small offices in Toronto and hangar-size rooms in India.