No Coverage For Bank's ATM Fraud Losses, Okla. Judge Says

By Josh Liberatore · May 4, 2022, 8:48 PM EDT

A bank that was hit by ATM scammers who stole cash using counterfeit debit cards can't get coverage for its losses under a financial institution bond, an Oklahoma federal judge ruled...

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Documents

Case Information

Case Title

Mabrey Bancorporation, Inc. v. Everest National Insurance Company

Case Number

4:19-cv-00571

Court

Oklahoma Northern

Nature of Suit

Insurance

Date Filed

October 25, 2019