In some cases, yes—you may be able to sue a bank, escrow company, or another third party if their negligence contributed to your loss through wire transfer fraud. Under California law, financial institutions and real estate professionals have a duty to implement security measures and adhere to industry standards to protect client funds and personal information. If these parties fail in their responsibilities, they may be held liable for damages.
For example, if an escrow company failed to verify wiring instructions or sent sensitive information via unsecured email, and this contributed to the fraud, they could be considered negligent. Similarly, if a bank failed to detect unusual or suspicious activity and allowed a fraudulent wire to proceed, you may have a legal claim under state or federal financial regulations.
An experienced wire transfer fraud lawyer in California will carefully examine your case to identify all responsible parties. Often, these cases require expert analysis and aggressive legal representation, particularly when dealing with large institutions. Suing a bank or escrow company can be complex, but with a knowledgeable attorney, you may be able to recover your losses and hold these parties accountable for their failure to protect your funds.
