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News

Zelle, New York and Fraud

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 · 2d · on MSN
New York claims Zelle’s shoddy security enabled a billion dollars in scams
Attorney General James claims EWS violated New York law and is asking for restitution and damages for all New Yorkers harmed by scams on Zelle. “I look forward to getting justice for the New Yorkers who suffered because of Zelle’s security failures,” James said in the press release.

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 · 2d
New York Sues Zelle, Says Security Lapses Led to $1 Billion Consumer Fraud Losses
 · 1d
NY attorney general sues Zelle over security failures linked to $1B in fraud
2don MSN

Zelle, backed by big Charlotte banks, sued over claims of $1B in fraud losses

NY Attorney General claims Zelle lacked critical safeguards that led to those huge fraud losses. Zelle called the suit ‘a ...
2d

Alleged $1B in scam losses spur NY attorney general lawsuit against Zelle operator

New York Attorney General Letitia James says the company, co-owned by major U.S. banks, failed to protect users. The company ...
2d

New York Takes Zelle to Court Over Alleged Fraud on the Platform, Claims $1 Billion Lost

New York Attorney General Letitia James says banks have ignored major security problems.

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