PRESS | Banking spoofing fraud: the French Supreme Court fine-tunes the assessment of gross negligence
Banking spoofing fraud is based on a now well-known mechanism: phone number spoofing of a bank, convincing impersonation of a bank adviser, and manipulation of the victim into authorising payment transactions. The rule is clear: unauthorised payment transactions must be reimbursed. The bank may, however, refuse reimbursement if it can demonstrate fraud or gross negligence […]
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