JPMorgan Chase, Wells Fargo and Bank of America Customers Lose $870,000,000 To Scammers on Zelle, Forcing Victims To ‘Fend for Themselves’: CFPB

Customers at JPMorgan Chase, Wells Fargo and Bank of America have collectively lost $870 million to scammers on Zelle in the last seven years, according to a powerful US bank regulator. The Consumer Financial Protection Bureau (CFPB) says it’s suing the three banking giants and Zelle’s parent firm for allegedly failing to protect people from […] The post JPMorgan Chase, Wells Fargo and Bank of... source: https://dailyhodl.com/2024/12/20/jpmorgan-chase-wells-fargo-and-bank-of-america-customers-lose-870000000-to-scammers-on-zelle-forcing-victims-to-fend-for-themselves-cfpb/