GO
Loading...

Enter multiple symbols separated by commas

A $70,000 date? Why this guy is suing OkCupid

A piece of street art depicting a heart-shaped balloon covered in bandages, allegedly done by the street artist Banksy.
Getty Images
A piece of street art depicting a heart-shaped balloon covered in bandages, allegedly done by the street artist Banksy.

A Queens, N.Y., man got more—a whole lot more—than he bargained for when he met up with a date he arranged through the OkCupid service.

Michael Z. Picciano, 65, faults the site and its parent company, IAC, for not patrolling the free dating service to weed out scammers, according to the New York Post.

Picciano claims he met a man through the site, fell for him, and then agreed to wire separate payments adding up to a whopping $70,000 before realizing, after checking malescammers.com, that he was being swindled.

He's also suing Capital One for failing to follow proper procedures in wire fund transmissions.

To read the full article, click here.

Wall Street

  • Robert Shiller

    Nobel Prize-winning economist Robert Shiller says that his key valuation indicator is flashing warning signs.

  • Lael Brainard

    The Fed is in the early stages of an analysis on changes in bond market liquidity, amid signs that liquidity may be less resilient than in past.

  • Bill Gross

    Janus Capital acquired a majority interest in Kapstream Capital and said Kapstream's Palghat will support Bill Gross as co-portfolio manager of the Janus Global Unconstrained Bond strategy.