News

AG Tish James: Zelle failed to protect users from $1B in scammer theft

New York Attorney General Letitia James sued Zelle’s parent company Wednesday, contending a lack of safety features enabled ...

Zelle, backed by big Charlotte banks, sued over claims of $1B in fraud losses

NY Attorney General claims Zelle lacked critical safeguards that led to those huge fraud losses. Zelle called the suit ‘a ...

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 ...

NY vs Zelle: State sues payment app and accuses it of being a scam haven that bilked $1B from users

An investigation found that between 2017 and 2023, scammers were able to steal over $1 billion from Zelle users.
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Zelle Faces NY Lawsuit Claiming Its Lack Of Safety Features Let Criminals Steal Over $1 Billion From Consumers

Zelle was sued on Wednesday by New York Attorney General Letitia James, according to Reuters. The lawsuit alleged that the ...