PNC Not Negligent For Not Stopping Scam Against Elderly Woman

PNC Bank wasn’t negligent for failing to stop an elderly woman from a financial scam when she withdrew $400,000 from her account over a few months in 2020, a federal appeals court said on Friday.

Rachelle Arberman, who was 71 when the fraud happened, said a district court wrongly dismissed her negligence claim.

In August 2020, a scammer impersonating a federal law enforcement officer called Arberman and said her bank account had been compromised and that she needed to help law enforcement or she would be investigated as an accomplice.

For the next few months she withdrew money from her ...