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.
The Sacramento region has the third-highest DUI rate in the nation. Now, state lawmakers are considering a new booze ban to prevent any more tragedies.
A man was shot and killed outside the Westfield Culver City mall on Friday night.
Councilmembers Katy Yaroslavsky and Traci Park are pooling discretionary funds together to fix the streetlights in West Los Angeles.
San Bernardino firefighters may soon have a new weapon against California wildfires: water-dropping drones.
Burglary suspects crashed into a Los Angeles Metro bus in the Westlake District, leaving several people hurt on Friday.
The Sacramento region has the third-highest DUI rate in the nation. Now, state lawmakers are considering a new booze ban to prevent any more tragedies.
A man was shot and killed outside the Westfield Culver City mall on Friday night.
Councilmembers Katy Yaroslavsky and Traci Park are pooling discretionary funds together to fix the streetlights in West Los Angeles.
San Bernardino firefighters may soon have a new weapon against California wildfires: water-dropping drones.
Burglary suspects crashed into a Los Angeles Metro bus in the Westlake District, leaving several people hurt on Friday.
Councilmembers Katy Yaroslavsky and Traci Park are pooling discretionary funds together to fix the streetlights in West Los Angeles.
Burglary suspects crashed into a Los Angeles Metro bus in the Westlake District, leaving several people hurt on Friday.
The Cupid Crew is a volunteer program that launched more than a decade ago, and since then, more than one million cards and roses have reached older Americans, many of whom are isolated or have lost a loved one.
The CBS LA news team wants to hear from residents about the issues affecting their communities.
The department said it has faced more than $50 million in federal, state and local funding cuts.
Video shows immigration agents beating Narciso Barranco, the father of three U.S. Marines, after he was restrained on the ground.
An Orange County family was sailing near San Clemente when a sick lion named Chump hopped aboard their boat.
Wildlife activist Sandy Steers, who spearheaded the eagle nest cam, has died, according to the Friends of Big Bear Valley.
Dramatic video shows the moments when a tortoise safely scampers away from a burning shed in the backyard of a home in Fullerton over the weekend.
The Irvine Police Department said a man armed with a machete would not let his family leave their home.
San Bernardino firefighters may soon have a new weapon against California wildfires: water-dropping drones.
The San Bernardino County Sheriff's Department closed its Apple Valley Police Station after a resident brought in what appeared to be Civil War-era cannonballs.
City leaders are debating what to do with the iconic Jay Littleton Ball Park, which gained fame as a filming location in "A League of Their Own" and was destroyed in a 2024 fire, since restoration could cost $100 million.
Wildlife activist Sandy Steers, who spearheaded the eagle nest cam, has died, according to the Friends of Big Bear Valley.
A San Bernardino County Fire Department firefighter was injured while battling a fire at a vacant commercial building in San Bernardino on Monday.
Lindsey Vonn broke her left leg in a crash during her downhill race at the Winter Olympics last weekend.
Team USA cross-country skier Jessie Diggins collapsed after crossing the finish line in the women's 10-kilometer interval start on Thursday. She was competing while injured.
Border czar Tom Homan announced Thursday that Operation Metro Surge in Minnesota is concluding, with a drawdown of federal immigration officers set to occur over the course of next week.
"Dawson's Creek" and "Varsity Blues" star James Van Der Beek has died at 48 years old.
The Federal Aviation Administration changed course and said flights would resume after halting all air traffic into and out of El Paso.
The Sacramento region has the third-highest DUI rate in the nation. Now, state lawmakers are considering a new booze ban to prevent any more tragedies.
Border czar Tom Homan announced Thursday that Operation Metro Surge in Minnesota is concluding, with a drawdown of federal immigration officers set to occur over the course of next week.
With so many candidates and no clear frontrunner in California's governor's race, two Republicans now lead in the polls in this heavily Democratic state, raising the question: Could the primary election lead to a Republican-versus-Republican runoff?
A federal grand jury refused to indict six Democrats who drew President Trump's ire by taping a video telling members of the military that they must reject "illegal orders," three sources told CBS News.
A 14-year-old girl said she was "crying" and "struggling to breathe" when law enforcement officers herded her onto a racetrack with other detainees and zip-tied her hands.
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.
Health officials say that an unvaccinated minor visited the Walmart Supercenter in Ontario on Jan. 29.
Health officials said that the traveler arrived at LAX's Tom Bradley International Airport Terminal on a Viva Aerobus Flight on Jan. 26.
Orange County health officials have confirmed their second measles case of 2026 in an international traveler who arrived in California at Los Angeles International Airport before visiting Disneyland and California Adventure last week.
Millions of people with an Affordable Care Act health plan face a massive jump in premiums next year — this chart shows just how much.
"I don't know how I'm going to pay for this," said one person with an Affordable Care Act plan that will cost her $1,100 a month starting in January.
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.
California is set to join a growing list of states banning the practice of cat declawing, under a new law taking effect in January.
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.
Chris Paul made the announcement ahead of the NBA's All-Star weekend at the home of the Los Angeles Clippers in Inglewood.
Lindsey Vonn broke her left leg in a crash during her downhill race at the Winter Olympics last weekend.
Basketball's best players are heading to Los Angeles as part of the NBA All-Star Weekend starting on Friday, which features a new-look All-Star Game and classic events like the dunk and 3-point contests.
Team USA cross-country skier Jessie Diggins collapsed after crossing the finish line in the women's 10-kilometer interval start on Thursday. She was competing while injured.
City leaders are debating what to do with the iconic Jay Littleton Ball Park, which gained fame as a filming location in "A League of Their Own" and was destroyed in a 2024 fire, since restoration could cost $100 million.
The death of "Dawson's Creek" actor James Van Der Beek highlights a rising trend in colorectal cancer among young adults.
"Dawson's Creek" and "Varsity Blues" star James Van Der Beek has died at 48 years old.
The 31-year-old Puerto Rican artist Bad Bunny took the stage on Sunday dressed in all white, donning a jersey with his last name, Ocasio, and the number 64.
Reactions poured in when Bad Bunny was named Super Bowl halftime headliner, with some praising and others criticizing the choice.
Brad Arnold, the founder and lead singer of the 3 Doors Down has died following "his courageous battle with cancer," the rock band announced Saturday on social media.
Kyler and Claire Kennedy were brought together by love and basketball, but just not in that order. The Kennedys share their unique love story with Jill Painter Lopez.
A fire broke out at a Pacoima facility.
Law enforcement poured into an Arizona neighborhood to search a home near Nancy Guthrie's house. Hunter Sowards reports.
Desmond Shaw flies to the Old Santa Fe Freight Depot in downtown Los Angeles for tonight's Look At This!
Dani Ruberti tracks the weekend weather and rain heading for Southern California.
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.
