Fat Fingers: Citigroup Mistakenly Deposits $81 Trillion to Customer

$81 trillion was erroneously credited by Citigroup, because the buyer was solely meant to obtain $280. The fee bypassed all Citigroup controls and had to be reversed a number of hours after its execution, which the financial institution refers to as a “near miss.” Citigroup Payment Fumble: Erroneous $81 Trillion Transfer Bypasses Controls Citigroup, probably the most […]



Source link