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Zelle fraud

CFPB-Sues-Zelle-and-Major-U.S.-Banks-Over-Fraud-Allegations
December 20, 2024

CFPB Sues Zelle and Major U.S. Banks Over Fraud Allegations

The Consumer Financial Protection Bureau (CFPB) has launched a lawsuit against Zelle, the leading peer-to-peer payments network, and three of its major bank partners—JPMorgan Chase, Bank of America, and Wells Fargo—alleging failures