Bank is not liable for phishing fraud. A lawyer and tax advisor is said to have fallen for online fraudsters twice over.
According to the Frankfurt Higher Regional Court, his bank does not have to reimburse him for the 50,000 euros he stole. The verdict is not yet legally binding. The plaintiff filed a non-admission complaint and would like to appeal to the Federal Court of Justice. The court decided that the plaintiff's claim that he had only confirmed "something" once in his app using facial recognition was not credible.