Banks

CNN - Dec 20th, 2024
Score 6.4

JPMorgan Chase, Bank of America and Wells Fargo sued for failing to prevent fraud on Zelle | CNN Business

The CFPB accuses JPMorgan Chase, Bank of America, and Wells Fargo of neglecting fraud prevention on Zelle, resulting in substantial customer losses. The banks dispute the claims, arguing they are not accountable for criminal actions.

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