JPMorgan Chase, Bank of America, and Wells Fargo sued over Zelle scams that cost $870 million
The controversial regulator alleges the banks failed to prevent fraud on Zelle, a payment platform they co-own.
Feds Sue Bank of America, Wells Fargo, JPMorgan Over Zelle Fraud
The government accused three big banks of failing to protect consumers from fraud on the payment network Zelle.
U.S. Regulators Sue JPMorgan Chase, Bank Of America And Wells Fargo Over Alleged Fraud On Zelle
Customers across the three banks have lost a combined $870 million since Zelle launched in 2017, regulators claim.
Regulators Sue 3 Big Banks Over Rampant Fraud on Zelle
Action against Bank of America, JPMorgan Chase and Wells Fargo may not survive President-elect Donald J. Trump’s return to ...
Regulator sues Chase, Wells Fargo, Bank of America over Zelle payment fraud
A federal regulator sued JPMorgan Chase, Wells Fargo and Bank of America on Friday, claiming the banks failed to protect ...
CNN18d
JPMorgan Chase, Bank of America and Wells Fargo sued for failing to prevent fraud on Zelle
CFPB alleges that, as a result, hundreds of thousands of customers of JPMorgan Chase, Bank of America and Wells Fargo have lost more than $870 million since Zelle launched seven years ago.
American Banker17d
CFPB sues BofA, JPM and Wells over Zelle fraud
The Consumer Financial Protection Bureau sued three of the largest U.S. banks for fraud perpetrated on the bank-owned payment ...
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.
CFPB sues JPMorgan, Bank of America over alleged Zelle fraud
The Consumer Financial Protection Bureau sued JPMorgan Chase & Co., Bank of America Corp. and Wells Fargo & Co. along with ...
New York Post17d
JPMorgan, Wells Fargo, BofA facing federal lawsuit over Zelle payment network fraud
A federal regulator sued JPMorgan Chase, Wells Fargo and Bank of America ... from rampant fraud on the popular payments network Zelle, in violation of consumer financial laws.