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Family of retired Navy commander suing banks for $3.6M after he fell victim to phishing scheme

The family of a retired submarine commander is taking their lawsuit against Wells Fargo Bank and Navy Federal Credit Union to a higher court, claiming they should have realized he...
KIRO

VIDEO: ‘They just let it happen’: Puyallup woman fights for late uncle who had $3M stolen in email scam

Janine Satterfield still mourns the death of her uncle, U.S. Navy Commander Larry Cook, who passed away in Virginia in 2021. Janine, a Puyallup resident, is the executor of Cook’s...
Law com 02

Federal Judge: ‘Bank Owes No Duty’ to Stop $3.68M in Wire Transfers in Suspected Elder Financial Exploitation Case

While the number of elderly people targeted slightly decreased from 2021 compared to 2022, the amount of money collectively lost nearly doubled from $1.7 billion to $3.1 billion, respectively, according...
Newsbreak

Unraveling the Scam: Family Fights for Justice And Sues 2 Banks After Veteran’s $3.6 Million Loss to Wire Fraud

Larry Cook, a 76-year-old decorated veteran and former U.S. Navy Commander, found himself entangled in a perplexing situation shortly before his passing. His niece, Janine Satterfield, stumbled upon a puzzling...
CUToday info

Suit Alleges Navy FCU, Wells Fargo Neglected to Protect Elderly Member from Scam

Navy Federal Credit Union and Wells Fargo are the targets of a lawsuit that alleges both institutions failed to protect an elderly member/customer who was scammed out of more than...
USAToday

An elderly man was scammed out of millions. Could the bank have done more to prevent fraud?

Why would 76-year-old Larry Cook transfer over $3.6 million out of the country just before his death? That was tickling the mind of Janine Satterfield as she was mourning her...
WashingtonTimes

Banks failed to stop financial scam on dying man

A Washington state woman is suing Navy Federal Credit Union and Wells Fargo to restore the legacy and estate of her late uncle, whom scam artists had tricked into transferring...
NBC4Washington

Virginia Lawmaker Calls for Tougher Elder Exploitation Reporting Laws

A Virginia lawmaker wants changes to how banks respond to suspected elder financial abuse. “There’s nothing that gets under my craw more than people who target vulnerable people,” Del. Michelle...

Negligence Lawsuit Brought Against Navy Federal Credit Union, Wells Fargo After $3.6 Million of Elderly Veteran’s Savings Allegedly Sent to Scam Artists

A Washington state woman's $3.6 million negligence lawsuit against Wells Fargo and Navy Federal Credit Union moves forward in the U.S. District Court for the Eastern District of Virginia as...
NBC4Washington

Family Sues Banks After Veteran Allegedly Loses $3.6 Million in Wire Fraud Scheme

The family of a Navy veteran who allegedly lost more than $3.6 million in an apparent wire fraud scheme is suing the deceased man’s bank and credit union in Virginia,...
PeopleMag

Scammers Behind $87M Swindle of Elderly Americans Arrested in Thailand

Thai police have taken down an international gang that allegedly scammed older Americans out of $87 million by claiming to be law enforcement officials investigating money laundering. The Associated Press...
NBC News

Thai police bust call scammers who swindled older Americans

Police arrested 21 suspects from what they said was an international gang that operated call centers across Thailand to deceive older Americans into wiring them money....
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