Economic·Die Zeit·53m agoEuropean Union
EU Court: Banks Must Refund Fraud Victims
Even if negligence is alleged, court rules
Positive1 min readImportance
AI Summary
The European Court of Justice ruled that victims of bank account fraud must be refunded by their banks even when accused of negligence, though banks may subsequently reclaim the funds.
Keywords
bank fraudEU Court of Justiceconsumer protectionrefundsnegligence
