Citibank can’t get back $500 million it wired by mistake, judge rules

Annotation by Deane Barker • •
https://www.cnn.com/2021/02/16/business/citibank-revlon-lawsuit-ruling/index.html
Narrative

Last year, Citibank accidentally sent half a billion dollars to a client’s lenders. But since the client owed the money anyway, the recipients kept it. Lawsuits ensued.

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