Garden City Park Water and Fire District sues First National Bank of Long Island over stolen funds

The district claims the bank’s negligence allowed cybercriminals to steal millions.

News 12 Staff

Jan 23, 2025, 10:59 AM

Updated 6 hr ago

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The Garden City Park Water and Fire District is suing First National Bank of Long Island.
They say the suit is to get back millions of dollars in stolen funds.
The district claims the bank’s negligence allowed cybercriminals to steal millions.
News 12 has been told the district was able to get some money back, but there is still $11 million outstanding.
Commissioners for the district say they shouldn’t have to suffer because of the banks "failures and incompetence."
News 12 reached out to the bank and is waiting to hear back.