CFPB Sues BofA, Wells Fargo, JPMorgan Over Zelle Fraud <https://www.law360.com/banking/articles/2276815?nl_pk=feb6bbba-7878-4d39-be6e-46810c922ad7&utm_source=newsletter&utm_medium=email&utm_campaign=banking&utm_content=2024-12-23&read_main=1&nlsidx=0&nlaidx=0>
By Sarah Jarvis The Consumer Financial Protection Bureau sued Bank of America, JPMorgan Chase and Wells Fargo on Friday, alleging their customers have lost more than $870 million through a "massive scale" of fraud on the payment network Zelle while the banks turned a blind eye. Complaint attached | Read full article » <https://www.law360.com/banking/articles/2276815?nl_pk=feb6bbba-7878-4d39-be6e-46810c922ad7&utm_source=newsletter&utm_medium=email&utm_campaign=banking&utm_content=2024-12-23&read_more=1&nlsidx=0&nlaidx=0> | Save to favorites » <https://www.law360.com/banking/articles/2276815?nl_pk=feb6bbba-7878-4d39-be6e-46810c922ad7&utm_source=newsletter&utm_medium=email&utm_campaign=banking&utm_content=2024-12-23&read_later=1&nlsidx=0&nlaidx=0>
