JPMorgan Chase and Zelle of enabling widespread fraud. Being freed from the 2011 orders "is another important sign that we continue to make clear, meaningful progress to resolve our historical ...
This change follows a lawsuit filed in December by the Consumer Financial Protection Bureau (CFPB), which accuses Zelle and three banks that own it (Chase, Wells Fargo, and Bank of America) ...
In December, the CFPB sued Wells Fargo for failing to stop “widespread” Zelle fraud. Bank of America and JPMorgan Chase are also named in the lawsuit. Customers have lost more than $870 ...
University of Nevada, Reno is not an FDIC-insured deposit institution; FDIC deposit insurance only protects against the failure of Wells Fargo Bank, N.A. Member FDIC. Zelle ® and the Zelle ® ...
Without The complaint continues: “Defendants’ failures resulted in millions of complaints about Zelle fraud at (JP Morgan Chase, Bank of America and Wells Fargo) alone, including complaints of ...
U.S. financial giants Wells Fargo, JP Morgan Chase and Bank of America are being sued by the embattled Consumer Financial Protection Bureau (CFPB) over alleged unchecked fraud on the Zelle ...