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 ...
Benzinga on MSN5h

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 ...

New York files lawsuit against Zelle over scams and security lapses that led to $1 billion in losses

Electronic payment platform Zelle has been sued by New York Attorney General Letitia James over allegations that its lack of ...

New York Takes Zelle to Court Over Alleged Fraud on the Platform, Claims $1 Billion Lost

New York Attorney General Letitia James says banks have ignored major security problems.

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 ...

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.

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 ...