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News

Zelle, New York Attorney General and Fraud

U.S. News & World Report · 1m
New York Sues Zelle, Says Security Lapses Led to $1 Billion Consumer Fraud Losses
NEW YORK (Reuters) -Zelle was sued on Wednesday by New York Attorney General Letitia James, who said the electronic payment platform's refusal to adopt critical safety features enabled fraudsters to steal more than $1 billion from consumers.
Gizmodo · 2h
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.
ABC News on MSN · 3h
New York AG office sues Zelle, accuses them of not protecting consumers from fraud
The New York Attorney General's Office is alleging that the popular electronic pay service has failed to protect consumers from more than $1 billion in fraud.
17hon 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 ...
19h

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 ...

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