Fifth Third Says $200 Million Loan Fraud Isolated Incident

PYMNTS / pymnts - Fifth Third Bank says a fraud incident on a $200 million loan was a one-time occurrence. The bank says it was the victim of fraud on a loan carrying a $200 million balance, and thinks this was a “one-off” incident that will lead to “a fair amount of litig…

#banking #finance #cybercrime #scam

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