Federal Judge Dismisses Financial Elder Abuse Claim, Says No Knowledge Shown

Mealey's (May 19, 2022, 5:25 PM EDT) -- SAN DIEGO— A California federal judge on May 10 dismissed with prejudice a first amended elder abuse and unfair business practices complaint filed against JPMorgan Chase by bank customers related to an alleged wire transfer scam, finding that though the customers’ amended complaint alleged that bank service fees “constituted a taking under the California Elder Abuse Law,” they failed to show that Chase intended to defraud them....