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CFPB Sues Big Banks Over Fraud on Zelle - MSN The Consumer Financial Protection Bureau said on Friday that it sued three of the four largest U S banks, alleging that they allowed widespread fraud on the popular payment network Zelle, which
CFPB sues top US banks, says they allowed fraud on payment platform . . . (Reuters) - The U S Consumer Financial Protection Bureau said on Friday it had filed a lawsuit against JPMorgan Chase , Bank of America, and Wells Fargo, accusing the banks of allowing "fraud to fester" on peer-to-peer payments platform Zelle
Federal regulator sues JPMorgan, Wells Fargo and BofA over Zelle fraud . . . A federal regulator has sued JPMorgan Chase, Wells Fargo and Bank of America The Consumer Financial Protection Bureau says the banks failed to protect hundreds of thousands of consumers from rampant fraud on the popular payments network Zelle, in violation of consumer financial laws