Alice Lin

Cotchett, Pitre & McCarthy, LLP Announce Elderly Citizens Sue JPMorgan Chase Bank in Both Los Angeles County Superior Court and San Mateo County Superior Courts for Facilitating Theft of Life Savings

Retrieved on: 
Tuesday, January 30, 2024
Legal, Professional Services, Plaintiff, Chase, Life, Chase Bank, Artemis, JPMorgan Chase, California Codes, History, Government, Retirement, Theft, IRS, Pitre, CPM, Face, Alice Lin, Woman, Cryptocurrency

Plaintiff Alice Lin was defrauded of over $720,000, nearly every penny of her retirement savings, leaving her with financial insecurity after decades of saving hard-earned income.

Key Points: 
  • Plaintiff Alice Lin was defrauded of over $720,000, nearly every penny of her retirement savings, leaving her with financial insecurity after decades of saving hard-earned income.
  • As alleged in both complaints, filed in San Mateo County and Los Angeles County, scammers used "pig butchering" tactics and posed as IRS agents to trick the elderly plaintiffs into sending millions of dollars, often overseas, through multiple fraudulent transactions facilitated by Chase Bank.
  • It is alleged that Chase facilitated the theft of Ms. Yaffe's life savings through seven wire transfers from four different Chase branches.
  • California law allows victims like Artemis and Alice to hold banks accountable and recover money tragically stolen from them.”