County Garden City-park water and fire suggest the first national bank Long Island

Garden City Park Water and Fire District Water Tower

Photos provided Water and Fire DIRSTRICT GARTEN CITY PARK

Water-Fire District Garden City Park He filed a lawsuit against the first National Bank of Long Island for the stealing of more than $ 15 million from the district account.

The area He sent a letter to his residents on Tuesday, January 21, and published an application on his website on Thursday, January 23, reporting the claim. The first court documents were dated January 17, and the claim was filed with the Supreme Court of New York.

The district assured the residents that the theft did not affect the current funds of the area or the ability to serve the community that no personal information was stolen and that changes in the district’s tax rates were expected.

Also in the area reported that the stolen funds were in the account intended for promising capital projects. The Water and Fire District Garden City Park presents parts of Garden City Park, Manhaset Hills, New Hyde Park, Mineola, North Hills, Roslyn, Williston Park, Albertson and Garden City.

The district reported that he managed to repay $ 4.45 million from funds through law enforcement agencies, but now it requires approximately $ 11 million, which is not yet paid because of a claim. The court document states that $ 15.55 million, which was reported, made up about 85% of its total deposits at the bank. The incidents occurred on July 12 and 15, 2024.

The first National Bank of Long Island published a statement stating that he immediately contacted law enforcement agencies after the transfer noticed, and intended to continue to work on the return of lost funds.

“The bank investigation did not find evidence of the bank’s unauthorized activity on the network,” the bank said. “In addition, the Bank believes that it has adhered to its intelligent procedures for banking online transfers.”

District requires a bank to compensate for $ 11,098 996.77 plus interest accrued on date unauthorized transmissions, plus the cost of compensation for losses and litigation in litigation.

The court documents stated that the Bank has allowed one or more online scales to carry out large-scale cybershachrai against the bank’s bank accounts since July 12.

The unauthorized changes were then made to the account, and according to the claim on July 15, 15 bank transfers were initiated. According to the documents, the funds were shipped to banks of China, Mexico and throughout the United States.

The claim also stated that 10 out of 15 fraudulent online payment orders exceeded the bank set for a transfer of $ 700,000, which exceeds the daily limit of the bank in dollars of $ 2 million.

“What happened to the district is the nightmare of every bank’s client,” said the leading lawyer of thedistrist in the lawsuit John Ward with Sakhn Ward Braff Coschignano. “The district relied on its bank to protect the security and integrity of its deposits, and the First National Bank of Long Island has been collapsed. Now we ask the court to propose the first national bank of Long Island liable for its bankruptcy. “

According to his statement, Garden City Park Water and Fire District is now working with another bank.