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Zelle payment fraud gets major banks sued by CFPB
Zelle payment fraud gets major banks sued by the CFPB
The CFPB is suing the fintech firm Early Warning Services — the bank-owned company that runs Zelle — as well as JPMorgan Chase, Bank of America, and Wells Fargo, claiming that customers of the banks lost more than $870 million over Zelle's seven-year existence.
Consumer Finance Watchdog Sues Zelle, Major Banks for Failing to Address Fraud
The US Consumer Financial Protection Bureau (CFPB) says hundreds of thousands of Zelle consumers 'were largely denied assistance' after being scammed.
Feds sue Zelle, alleging that nation's biggest banks failed to stop fraud
Government watchdog claims Americans lost hundreds of millions to fraud related to the bank-operated mobile payments network.
Crowdfund Insider
17h
CFPB Claims Regarding Zelle Losses May Be Exagerated
Earlier this week, the Consumer Financial Protection Bureau (CFPB) announced a lawsuit targeting the big banks that launched ...
LAist on MSN
22h
Zelle fraud
The Consumer Financial Protection Bureau sued the operator of Zelle, as well as Bank of America, JPMorgan Chase and Wells ...
1d
on MSN
Protect Your Money From Zelle Scams
A lawsuit from the CFPB proves just how popular the peer-to-peer service is with fraudsters, and what makes it especially ...
5d
on MSN
Victims warn others of popular scam using Zelle that duped them out of thousands
It’s become a common scheme – scammers calling you pretending to be with your bank wanting you to use Zelle to send money.
Vibe on MSN
2d
Tory Lanez’s Legal Team Addresses Alleged Zelle Payments To Blogger
Tory Lanez’s legal team denies allegations that the singer is harassing Megan Thee Stallion from behind bars, as well as ...
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Bank of America
Consumer Financial Protection Bureau
Wells Fargo
JPMorgan Chase
CFPB
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