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Citibank limits ATM cash withdrawals in NYC

January 3, 2008

(New York) Daily News: A jump in ATM fraud led Citibank last month to slash the maximum amount of cash available to its customers. The new cap on cash began after what Citibank called "isolated fraudulent activity" around New York. The bank, with 134 branches around town, would not say how many customers were affected or how much money was involved.

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