An elderly woman who lost millions of dollars to scammers is suing Bank of America (BofA) alleging negligence, breach of contract and violation of federal law.
Lynne Bucklin, a 67-year-old Florida resident, says BofA failed to adequately protect her from a scheme that siphoned $2 million from her accounts, cyber litigation firm Vernon reports.
Lynne says the scam started when she received emails and phone calls from people posing as Federal Trade Commission (FTC) investigators. The bad actors got Lynne’s attention by telling her that her social security number had been made public.
One of the scammers, posing as an FTC official under the name Bruce Williams, sent Lynne his alleged credentials, including his badge and badge number. He also sent her a copy of an FTC letter stating that her accounts were under investigation for fraudulent activity.
Believing the threat was real, Lynne succumbed to the thieves’ instructions.
BofA employees are accused of greenlighting the transfers even though the transactions were extraordinary.
Now Lynne is seeking the legal system’s help, accusing BofA of negligent hiring, breach of contract and violations of the law, including the Electronic Funds Transfer Act and the Florida Uniform Commercial Code.
“Under the guise of protecting her assets, the scammer convinced Bucklin to transfer funds to cryptocurrency accounts via wire transfers at a Bank of America branch in Naples, Florida.
Despite the irregularity of the transactions, Bucklin’s bank representatives could not question their validity. In addition, the scammer remotely accessed her computer to manipulate accounts and steal her identity.”
Lynne initially contacted BofA in an attempt to get her money back, but the mega lender was only able to recover $500.00 before closing her case.
Don’t miss a beat – Subscribe to receive email alerts straight to your inbox
Check price action
follow us on TweetFacebook and Telegram
Surf to the Daily Hodl mix
Generated image: Midjourney
