Feds sue Zelle, alleging nation's biggest banks failed to stop fraud
Government watchdog claims Americans lost hundreds of millions to fraud related to the bank-operated mobile payments network.
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Government watchdog claims Americans lost hundreds of millions to fraud related to the bank-operated mobile payments network.
More than 100,000 people will be compensated for the bank's faulty fraud detection program, which froze customer accounts.
According to police, the suspect robbed a Bank of America on Summit and Beech Avenues in Fontana at about 1:20 p.m. before running out of the bank and across a parking lot into a nearby Wendy's.
Customers took to social media to say they were unable to access their accounts either through the app, at ATMs or in Bank of America branches.
Michelle Avan was a senior vice president with Bank of America, working to recruit women and under-represented employees globally. She was profiled by Essence magazine in 2017.
The injunction forces Bank of America to unfreeze accounts and reopen investigations into stolen unemployment benefits issued on prepaid bank debit cards. The bank was also ordered to improve its customer service.
The California Employment Development Department says it has resolved 95% of its backlogged claims, but said that only Bank of America could resolve the fraud claims.
A class action lawsuit has been filed against Bank of America alleging that it hasn't done enough to protect unemployment accounts from fraud.
Last week, Bank of America estimated that $2 billion had been stolen from California EDD accounts.
Gov. Gavin Newsom's office said it was working with Bank of America and EDD to check on the fraud claims, though it could not immediately confirm the $2 billion figure released by the bank.
Thousands on unemployment are still unable to access their benefits due to an ongoing fraud scheme involving Bank of America
Thousands of Californians who get their EDD benefits are struggling to get answers after BofA froze nearly 350,000 accounts due to suspected fraud.
An hours long standoff in South Gate shutdown tweedy boulevard as police surrounded an armored truck outside this Bank of America.
Police had two suspects in custody following a robbery attempt at a Bank of America in Glendale.
Jugging is a growing crime that targets customers who have just left a bank or ATM with a large amount of cash.
Detectives would only say the man was in his late 30s and was shot once in the chest.
Bank of America says it plans to stop lending money to gunmakers who produce military-style firearms for civilians.
Strangely, the man's money and mobile phone were not taken, police say.
The Bank of America will pay $1.9 million to settle a government lawsuit alleging it took too long to inform customers that their phone calls were being recorded.
Bank of America is reportedly set to fire as many as 8,000 employees within its retail banking division.
Deputies on Friday announced the arrest of a 21-year-old man suspected of robbing a bank in Orange County.
A former armored truck driver faces federal prison time when he is sentenced Tuesday for his role in the theft of more than $1 million in cash that was part of a shipment he was transporting for Bank of America last year.
The object was actually a massage ball and some batteries wrapped in plastic.
Detectives Thursday warned the public of a skimming device that was placed above an ATM keypad in Beverly Hills.
Attorneys for one of the NFL's highest-paid defensive players announced a lawsuit Tuesday alleging Bank of America "aided and abetted" a fraud scheme that cost him $20 million.
A group of local rabbis is recounting the unlikely partnership they made with a Los Angeles County bishop in the wake of the Eaton Fire, helping them find a precious missing cross.
Kawhi Leonard scored 45 points and the Los Angeles Clippers routed the Minnesota Timberwolves 153-128 on Wednesday night, moving above.
The Los Angeles County Sheriff's Department released photos of two people who are allegedly tied to an arson in Paramount.
Two new polls have conservative commentator Steve Hilton, billionaire Tom Steyer and Rep. Eric Swalwell as the front-runners for California governor.
Two women created the nonprofit "Hot Girls Who Care" to rescue shelter dogs from Los Angeles' crowded animal shelters
A group of local rabbis is recounting the unlikely partnership they made with a Los Angeles County bishop in the wake of the Eaton Fire, helping them find a precious missing cross.
The Los Angeles County Sheriff's Department released photos of two people who are allegedly tied to an arson in Paramount.
Two new polls have conservative commentator Steve Hilton, billionaire Tom Steyer and Rep. Eric Swalwell as the front-runners for California governor.
Two women created the nonprofit "Hot Girls Who Care" to rescue shelter dogs from Los Angeles' crowded animal shelters
Riverside County deputies arrested two men who have allegedly been posing as law enforcement officers in Lake Elsinore.
A group of local rabbis is recounting the unlikely partnership they made with a Los Angeles County bishop in the wake of the Eaton Fire, helping them find a precious missing cross.
The Los Angeles County Sheriff's Department released photos of two people who are allegedly tied to an arson in Paramount.
Two new polls have conservative commentator Steve Hilton, billionaire Tom Steyer and Rep. Eric Swalwell as the front-runners for California governor.
Two women created the nonprofit "Hot Girls Who Care" to rescue shelter dogs from Los Angeles' crowded animal shelters
Los Angeles County homicide detectives are searching for the suspect who allegedly shot and killed a man near the carport of a Bellflower apartment complex early Wednesday morning.
Two new polls have conservative commentator Steve Hilton, billionaire Tom Steyer and Rep. Eric Swalwell as the front-runners for California governor.
Authorities are seeking more victims of a rideshare driver who allegedly sexually assaulted a passenger in Orange County last month.
An Orange County man died after being bitten by a rattlesnake while mountain biking at an Irvine trail.
UC Irvine's Black Student Union said five white teenagers chased a Black student around a student housing area and fled before police arrived.
The proposal would ban e-bikes for all kids in the district except for high school students.
Two new polls have conservative commentator Steve Hilton, billionaire Tom Steyer and Rep. Eric Swalwell as the front-runners for California governor.
Riverside County deputies arrested two men who have allegedly been posing as law enforcement officers in Lake Elsinore.
The Riverside County Sheriff's Department is deploying a new tool called "The Grappler," a safer option to bring pursuits to an end without putting other drivers at risk.
The crash happened just before 7:45 a.m. near University and Victoria avenues, according to a news release from the Riverside Police Department.
One of the drivers, a 27-year-old woman, was killed in the crash. Two others, including an 11-year-old child, were airlifted to a nearby hospital.
FBI memo warning that Iran may try to launch drones at California in a seaborne "surprise attack" raised concern Wednesday — but officials tell CBS News there is no known, specific threat underpinning it.
Authorities say a Florida woman has been charged with attempted murder and other felonies over gunshots fired at Rihanna's Los Angeles home last weekend.
TSA officer call-out rates have climbed into double-digit percentages at some airports, including half the officers at Houston's Hobby Airport, straining screening operations and contributing to longer security lines.
Even if oil prices ease, they won't return to the levels they were at before the war started, according to Patrick De Haan of GasBuddy.
The Van Allen probe's mission was meant to last two years, but ended up going for nearly seven.
FBI memo warning that Iran may try to launch drones at California in a seaborne "surprise attack" raised concern Wednesday — but officials tell CBS News there is no known, specific threat underpinning it.
About 30 U.S. service members remained hospitalized Tuesday after an Iranian drone strike in Kuwait.
President Trump told FIFA representatives Tuesday that Iran is welcome to play in the World Cup tournament in the United States, officials told CBS News.
TSA officer call-out rates have climbed into double-digit percentages at some airports, including half the officers at Houston's Hobby Airport, straining screening operations and contributing to longer security lines.
Defense Secretary Pete Hegseth said Tuesday that it would be the "most intense day" of strikes against Iran so far.
San Francisco officials said Tuesday that the city has filed a lawsuit against leading manufacturers of ultra-processed foods, accusing them of producing products linked to serious health issues and alleging that the companies knowingly made the foods addictive.
A bill that would reverse a 25% tax increase on California's legal cannabis industry is heading to Gov. Gavin Newsom's desk, after being approved by the legislature.
Meal kit delivery firm HelloFresh will pay $7.5 million to settle a lawsuit accusing it of misleading customers and making it difficult for them to cancel their subscriptions.
With the help of her daughter and her 5th-grade class, CBS News California (KCAL) Investigative reporter Julie Watts investigates "Sephora Kids" concerns.
A Southern California man has pleaded guilty for his role in a scheme that stole more than $2 million from San Francisco-based food delivery company DoorDash, federal prosecutors said.
Food containing norovirus may smell and taste normal but still cause serious illness if consumed, FDA warns.
HHS Secretary RFK Jr. wants the popular coffee chains to prove their surgery drinks are safe for teens and suggested the Trump administration could place limits on your cup of coffee.
Tests of dozens of baby formulas by Consumer Reports found that nearly half contained potentially dangerous chemicals.
A trial has been set in the San Francisco Bay Area for a Florida woman accused of providing a cosmetic injection that killed a woman who was known as a Kim Kardashian lookalike, prosecutors said.
Riverside County health officials have reported the second and third measles cases of the year, which they say could be connected to the county's first case that was reported last week.
A nonprofit that booked a Social Agent said it's a lot cheaper than hiring someone to do their social media full-time. A typical job runs about $200, with same-day delivery, and if clients already have footage, they can upload it and get a finished piece.
A California judge has tentatively stopped the state from canceling commercial licenses for more than 20,000 immigrant truck drivers.
The Fremont factory will still manufacture Model 3 and Y, but the space where Model S and X are made will instead focus on mass production of Tesla's Gen 3 Optimus robots.
About 30% of San Francisco was without power at the height of the outage, according to utility provider PG&E.
The DMV said it is giving Tesla Motors 60 days to address its misleading use of "autopilot," or it could have its dealer license temporarily suspended.
Kawhi Leonard scored 45 points and the Los Angeles Clippers routed the Minnesota Timberwolves 153-128 on Wednesday night, moving above.
Zoom Diallo had 22 points and 11 assists and scored the go-ahead basket in overtime as Washington defeated USC 83-79 in the second round of the Big Ten Tournament on Wednesday.
Luka Doncic had 31 points, 11 assists and 11 rebounds in his seventh triple-double of the season, and the Los Angeles Lakers overcame LeBron James' latest injury absence to sweep their season series with the Minnesota Timberwolves in a 120-106 victory.
Ryan Poehling had a goal and an assist to lead the Anaheim Ducks to a 4-1 victory over the Winnipeg Jets on Tuesday night.
The Boston Bruins earned their 13th straight victory at home, 2-1 over the Los Angeles Kings on Tuesday night.
Authorities say a Florida woman has been charged with attempted murder and other felonies over gunshots fired at Rihanna's Los Angeles home last weekend.
A woman was arrested on Sunday for firing multiple shots at the Beverly Hills home of Rihanna, Los Angeles Police Department officials say.
Along with the "True Lies" co-stars, the California Hall of Fame's new inductees will include Olympians Carl Lewis and Janet Evans and Mariachi Reyna de Los Ángeles.
A trial has been set in the San Francisco Bay Area for a Florida woman accused of providing a cosmetic injection that killed a woman who was known as a Kim Kardashian lookalike, prosecutors said.
Hillary Knight, Megan Keller and Jack and Quinn Hughes made a surprise appearance during "Heated Rivalry" star Connor Storrie's opening monologue on "SNL."
Laurie Perez reports from Altadena, where she speaks with the team of rabbis who teamed up with Eaton Fire survivors to search for a missing cross after their home was destroyed in the January 2025 inferno.
The Los Angeles County Sheriff's Department released photos of two people who are allegedly tied to an arson in Paramount.
A month after a fire at a home in Hollywood killed two elderly sisters, a man described as a "serial arsonist" has been charged with two counts of murder, according to the Los Angeles County District Attorney's Office. Nicole Comstock reports.
With the Oscars scheduled for Sunday in Hollywood, local law enforcement officials are downplaying the risk of a safety threat to California as military operations in Iran continue.
Desmond Shaw flies to San Pedro for tonight's episode of Look At This!
Widely considered the greatest architect of his time, Frank Gehry helped shape Los Angeles' skyline.
A suspect was taken into custody after an attack on Pearl Street Mall in Boulder on June 1 in which there were 15 people and a dog who were victims. The suspect threw Molotov cocktails that burned some of the victims, who were part of a march for Israeli hostages.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
The Franklin Fire in Malibu quickly grew overnight and threatened several homes. Evacuation orders were issued and Pepperdine University instructed students to shelter in place.
Several people have been injured and multiple homes burned after the Mountain Fire broke out Wednesday morning in Ventura County, burning over 10,000 acres within hours.
