Garment industry mogul Arthur “Artie” Rabin, an early investor in the Brooklyn Nets who sold his massive Hamptons estate last year for just under $120 million, claims he was improperly stripped of nearly 30 million rewards points — reflecting many millions of dollars in spending — after Citibank “unceremoniously dumped” him as a client.
Rabin is now asking a judge to reverse Citi’s “draconian action of unilaterally closing [his] credit card account,” and force the financial services giant to restore the 29,891,963 ThankYou points he managed to earn over the course of a decade.
