discussionConsumer & Lifestyle · Personal FinancestructuralFintechFraud PreventionB2C

Citibank Failed to Close Identity Theft Account or Stop Credit Reporting

A consumer discovered an unauthorized Citibank credit account opened in their name and immediately reported the identity theft. Despite Citibank claiming the account was closed, it continued to be reported on the consumer's credit file. This reflects a systemic failure in bank identity theft resolution processes.

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