NEW YORK CITY -- Venmo, Zelle and Cash App are leaving consumers vulnerable to fraud that's "draining bank accounts of significant sums of money," Manhattan District Attorney Alvin Bragg said in ...
As Zelle makes it easier than ever to send money, it also becomes easier than ever to lose cash to the wrong people. Here are ...
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Lawsuit Claims Zelle Security Lapses Cost Over $1 Billion in Fraud: What You Need to Know
In a lawsuit filed this week, New York Attorney General Letitia James claimed that over $1 billion was stolen from Zelle users via fraud between 2017 and 2023. The Consumer Financial Protection Bureau ...
Scams targeting Zelle app users rising as criminals get more creative; how to avoid losing thousands
Scammers are using transfer apps for different scams which can cost you thousands of dollars. Here's how you can avoid all of them. The first and most important tip is: Never Zelle yourself. "It's ...
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NY vs Zelle: State sues payment app and accuses it of being a scam haven that bilked $1B from users
Zelle is being sued by New York's attorney general over a lack of critical safety features that have allowed scammers to steal more than $1 billion from users. Attorney General Letitia James filed the ...
NY attorney general sues Zelle parent company, alleging the payment service enabled widespread fraud
New York Attorney General Letitia James on Wednesday sued Early Warning Services (EWS), which operates Zelle, alleging the electronic money-transfer service fails to protect its users from “massive ...
SAN FRANCISCO -- A notorious Zelle scam is back as bank imposters trick customers into sending them money through the quick pay app. Banks are now sending fraud warnings to Zelle users -- but it may ...
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