Woman's $120K Disappears from Citibank - Banks Investigate as Account Closures Rise Amid Money Laundering Concerns
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$120,000 disappeared from woman's Citibank account after being transferred from a regional bank
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Citibank said the money was sent back to its "rightful owner" and would close her account
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Both Citibank and regional bank are investigating the matter after money disappeared
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Banks have been ramping up account closures due to suspicious activity concerns
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Just 4% of suspicious activity reports from banks result in follow-up by law enforcement, with small fraction leading to arrests
