Kim

Kim v. Wells Fargo, N.A.

Good Law
United States District Court, Northern District of CaliforniaDecember 20, 20213:21-cv-05405California1,477 words

Opinion

Trial Court Opinion

UNITED STATES DISTRICT COURT NORTHERN DISTRICT OF CALIFORNIA 6 CHAN-HIE KIM, Case No. 21-cv-05405-JD

Plaintiff,

ORDER RE REMAND

v. 9 Re: Dkt. No. 25 WELLS FARGO, N.A., et al., Defendants.

12 Plaintiff Chan-Hie Kim was the victim of a fraudulent scheme that took from him, at age 85, approximately $2 million in lifetime savings. Kim suffers from cognitive decline and was deceived by scammers into believing that his bank accounts had been hacked. Over a period of just a few weeks, he wired all of his savings to new accounts maintained by the scammers. Kim sued Wells Fargo, Bank of America, and individual bank employees, in the Superior Court for the City and County of San Francisco on a California state law claim of financial elder abuse under Welfare & Institutions Code Section 15610.30, and an attendant unfair competition claim under Business & Professions Code Section 17200 based on the same allegations. Dkt. No. 1-2. He alleges that the banks and their employees ignored obvious signs of elder abuse manifested by Kim’s…

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