GeneralBearishDaily Hodl · 3h ago6/10
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Capital One, Discover Bank and Broadway Bank Sued, Accused of Failing To Stop $995,170 Scam: Report
A Texas car dealership is suing Capital One, Discover Bank, and Broadway Bank after losing $995,170 in a March 2025 bank-impersonation scam. The lawsuit alleges that fraudsters posed as Broadway Bank employees to steal funds, with the banks allegedly failing to implement adequate fraud-detection measures to prevent the theft.
