US consumer watchdog sues big banks over ‘widespread’ fraud on Zelle app

Customers of banks named in lawsuit lose more than $870m over seven years since Zelle was introduced, watchdog says.

Dec 20, 2024 - 20:05
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US consumer watchdog sues big banks over ‘widespread’ fraud on Zelle app
Customers of banks named in lawsuit lose more than $870m over seven years since Zelle was introduced, watchdog says.