Citibank (Bahamas) Ltd. is being sued in New York by three Italian nationals who claim they have been cheated out of more than $1 million.The dispute relates to the Estate of Carlo Palazzi, a client of Citibank’s New York and Bahamas operations who died on May 13, 2000.Silvio Villa, Michelina Capasso and Pierangela Melis, all of Rome, Italy, claim that Palazzi made them his beneficiaries in a hospital bedside telephone call to Citibank just four days before he died.
Citibank (Bahamas) sued over distribution of dead client’s assets
22 years ago
Topics
Bahamas Banks & Trusts USAKeywords
Citigroup Estate of Carlo Palazzi Francisco Rocciolo Giuliana De Angeli Maria Luisa De Angeli