Lawsuit Over Zelle Scams Is Dropped by Consumer Bureau
A spokeswoman for the payment app’s parent company said the lawsuit against three large banks was “without merit, and legally and factually flawed.”
CFPB drops lawsuit against banks behind payment system Zelle
The CFPB, under acting director Russell Vought, dropped a lawsuit today against three of the largest banks in the U.S. The banks are co-owners of the peer-to-peer payment system Zelle and had been accused of failing to “take meaningful action” against fraud that cost customers $870 million.
CFPB drops lawsuits against Capital One and others
The U.S. Consumer Financial Protection Bureau dropped 5 enforcement actions against financial services companies accused of wrongdoing.
US CFPB drops Zelle case against JPMorgan, BofA, Wells Fargo
The U.S. Consumer Financial Protection Bureau told a federal court on Tuesday it was dropping a lawsuit filed in December against three of the nation's largest banks over their handling of the payment service Zelle,
CFPB drops Zelle lawsuit in latest reversal under Trump administration
The Consumer Financial Protection Bureau has dropped its lawsuit over peer-to-peer payment system Zelle, the latest in a series of dismissals from this department under President Donald Trump's administration.
Vought-led CFPB drops Zelle fraud lawsuit against banking giants
The case was dismissed "with prejudice," meaning it cannot be brought again, the Consumer Financial Protection Bureau said in a filing.
YouTube warns creators an AI-generated video of its CEO is being used for phishing scams
Y ouTube is warning creators about a new phishing scam that attempts to lure victims using an AI-generated video of its CEO ...
Another round of scams is hitting Normal
The Normal Police Department is warning of another round of scammers, this time relating to unpaid tolls. A post on the ...
AI-powered scams on the rise: How fraudsters are cloning voices to steal your money
One of the most alarming developments is AI-powered voice cloning, which scammers are using to impersonate loved ones in ...
BBB ranks the riskiest types of scams
The BBB says in 2024, investment scams, including those involving cryptocurrencies, remained the riskiest scam type.
Colorado AG warns of growing number of blackmail scams
Colorado Attorney General Phil Weiser is warning the public to stay vigilant for potential phishing scams that use blackmail ...
“Financial Grooming” scams are on the rise, Better Business Bureau says
ROANOKE, Va. (WDBJ) - According to the Better Business Bureau, financial grooming scams are on the rise. This is where a ...
WFMJ8h
Ohio Officials warn seniors about unsolicited real estate offer scams
Reports of unsolicited real estate offers are targeting older homeowners and putting their financial well-being and housing ...
Heartland8h
The High Costs of Climate Scams: Assessing the Green Giveaways in the Inflation Reduction Act
The best way to eliminate the Inflation Reduction Act's enormous and wasteful subsidies would be a total and complete federal ...
WCJB1h
University of Florida professor explores ways to defend against deepfakes and digital scams
Deepfakes are multimedia content that are generated by machine learning or AI so they can sound or look or write just like ...
CNET3d
Watch Out for These Sneaky Venmo, Cash App and Zelle Scams
It can be next to impossible to get your money back from a digital payment app scam. Here's how to avoid becoming a victim.
Oklahoma AG warns residents of contractor scams following severe weather incidents
Attorney General Gentner Drummond is warning Oklahoma residents to be aware of fraudsters following recent severe ...
4 Your Money: Americans overconfident in their ability to avoid online scams
A new survey shows Americans may be too overconfident in their ability to avoid getting scammed online. DOGE ...