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 judge has paused the prosecution of a woman charged with the attempted murder of Rihanna while it is determined whether she is mentally competent to stand trial.
LAFD said no one else was injured in the multi-vehicle crash in Sunland.
The U.S. Coast Guard says that the human-caused fire was possibly started by flares from a stranded boater, who was rescued from the island on Friday when the fire was first reported.
"Single-pole beach umbrellas are the only shade structures permitted on city beaches, except within designated canopy zones," the City of Laguna Beach wrote on social media.
The Los Angeles Police Department said it has started a child abuse investigation, but officers have not detained the parents.
The Ventura County Fire Department said overnight, firefighters were able to make significant progress due to the favorable weather and cooler temperatures.
A judge has paused the prosecution of a woman charged with the attempted murder of Rihanna while it is determined whether she is mentally competent to stand trial.
Three people were killed in a shooting at the Islamic Center of San Diego, and two suspected shooters were found dead inside a vehicle nearby, police said.
LAFD said no one else was injured in the multi-vehicle crash in Sunland.
The U.S. Coast Guard says that the human-caused fire was possibly started by flares from a stranded boater, who was rescued from the island on Friday when the fire was first reported.
A judge has paused the prosecution of a woman charged with the attempted murder of Rihanna while it is determined whether she is mentally competent to stand trial.
LAFD said no one else was injured in the multi-vehicle crash in Sunland.
The U.S. Coast Guard says that the human-caused fire was possibly started by flares from a stranded boater, who was rescued from the island on Friday when the fire was first reported.
"Single-pole beach umbrellas are the only shade structures permitted on city beaches, except within designated canopy zones," the City of Laguna Beach wrote on social media.
The Los Angeles Police Department said it has started a child abuse investigation, but officers have not detained the parents.
"Single-pole beach umbrellas are the only shade structures permitted on city beaches, except within designated canopy zones," the City of Laguna Beach wrote on social media.
The new 3,700-gallon tank will help water-dropping helicopters quickly refill and return to dousing any wildfires in the area.
Disturbing video showing a dog chained up in the back of a pickup truck on the 5 Freeway in Southern California has sparked a call to action to help the pup find a new home.
The Tustin Police Department says Juan Marquez, 47, waited outside Sandra Fernandez's workplace before fatally shooting her.
There are beach hazards and high surf advisories throughout Southern California's coast, and a red flag warning for the Antelope Valley this weekend.
A San Bernardino County woman was shocked to discover that what appeared to be someone else's ashes were already being stored inside of an urn she had ordered from Amazon for her late husband's ashes.
A brush fire has burned more than 600 acres and prompted evacuation orders and warnings for people living near Hemet.
The blaze was reported sometime before 11:30 a.m. and has since grown to engulf more than 900 acres near Jurupa Valley.
Los Angeles-area law enforcement agencies have announced that they will increase patrols around mosques and other houses of worship on Monday after a shooting at the Islamic Center of San Diego left five people dead, including the two alleged gunmen.
A Long Beach man was arrested in connection with a deadly hit-and-run crash that killed a 57-year-old woman in Riverside County over the weekend.
"These subjects did not discriminate in who they hated," said Mark Remily, special agent in charge of the FBI's San Diego Field Office.
The imam of a San Diego mosque that was targeted in Monday's shooting told CBS News that his community has seen a rise in "Islamophobia and anti-Muslim sentiment" in recent years.
A security guard who was among the victims killed in a shooting at the Islamic Center of San Diego is being hailed for his heroism and bravery during the attack.
Three people were killed in a shooting at the Islamic Center of San Diego, and two suspected shooters were found dead inside a vehicle nearby, police said.
California jury dismissed all charges, finding that Musk missed the three-year statute of limitations to file suit.
President Trump had accused the Treasury Department and IRS of unlawfully allowing a government contractor to leak his tax returns and those of his sons and company.
Gas prices, inflation weigh on Americans. Many see lack of clarity on what's happening in Iran.
President Trump announced Friday evening that U.S. and Nigerian military forces had killed Abu-Bilal al-Minuki, a leader in the Islamic State group.
President Trump's trip to China could bolster economic relations, but failed to deliver a breakthrough deal, some trade and energy experts said.
Sens. Tammy Duckworth of Illinois and Tammy Baldwin of Wisconsin say their concern is there may be more emergency exit doors than flight attendants in the event of an evacuation.
Voters in California may soon decide on a ballot measure that seeks to help the state's middle class afford to buy a home, by establishing a $25 billion loan program that would provide down payment assistance.
Some Trader Joe's shoppers will get a payout after a lawsuit alleged that the retailer's customer receipts put shoppers at risk of ID theft.
California Attorney General Rob Bonta and local prosecutors urged parents to check their children's e-bikes, saying some of the vehicles may be motorcycles or mopeds capable of high speeds.
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.
Los Angeles County health officials on Saturday confirmed the fifth measles case of the year in an international traveler who arrived at Los Angeles International Airport earlier in the week.
At least 80 deaths have been reported in a new Ebola disease outbreak in Congo and Uganda, authorities said.
California public health officials said on Wednesday that they have identified a fifth resident who may have been exposed to the Andes hantavirus due to the outbreak on the MV Hondius cruise ship.
An American on the repatriation flight began showing symptoms of hantavirus and another "tested mildly PCR positive for the Andes virus," the Department of Health and Human Services says.
Three passengers have been evacuated from a cruise ship hit by a hantavirus outbreak, as related cases are confirmed in Switzerland and South Africa.
Voters in California may soon decide on a ballot measure that seeks to help the state's middle class afford to buy a home, by establishing a $25 billion loan program that would provide down payment assistance.
Some Trader Joe's shoppers will get a payout after a lawsuit alleged that the retailer's customer receipts put shoppers at risk of ID theft.
California Attorney General Rob Bonta and local prosecutors urged parents to check their children's e-bikes, saying some of the vehicles may be motorcycles or mopeds capable of high speeds.
A home-based food movement has been heating up in California, with home cooks turning their beloved family recipes into small businesses.
More than a dozen cities and counties across California were given a "final warning" from state officials Wednesday, saying they have failed to properly plan for additional new homes amid the state's lack of affordable housing.
Athletics starter J.T. Ginn took a no-hitter into the ninth inning Monday night before Adam Frazier lined a leadoff single for the Los Angeles Angels and Zach Neto crushed a two-run walk-off homer to secure the unlikely 2-1 win.
The San Diego Padres snapped the Los Angeles Dodgers' five-game winning streak with a 1-0 victory.
The Los Angeles Dodgers have signed veteran reliever Jonathan Hernández and optioned reliever Chayce McDermott back to the minors after one appearance.
Hany Mukhtar scored three goals, his first hat trick since 2023, and Nashville SC beat Los Angeles FC 3-2.
Sunday's win at Aronimink Golf Club in Newtown Square, Pennsylvania, is only his second PGA tour victory, after winning the 2024 Wyndham Championship.
A judge has paused the prosecution of a woman charged with the attempted murder of Rihanna while it is determined whether she is mentally competent to stand trial.
René Cárdenas, the first Spanish-language broadcaster for the Los Angeles Dodgers, Houston Astros and Texas Rangers during a 60-year career, has died.
Spencer Pratt has said he was compelled to launch his unlikely mayoral run after his home was destroyed in last year's devastating Los Angeles wildfires.
Uzo Aduba and Darren Criss announced the 2026 Tony nominees for select categories on "CBS Mornings" on Tuesday.
A trial in the lawsuit between Blake Lively and Justin Baldoni was set to begin later in May.
Two firefighters were hurt after their fire engine rolled onto its side during a multi-vehicle crash in Sunland on Tuesday night.
Extra security is in place at the Islamic Center of Southern California in Koreatown following Monday's deadly attack in San Diego.
Los Angeles-area law enforcement agencies have announced that they will increase patrols around mosques and other houses of worship on Monday after a shooting at the Islamic Center of San Diego left five people dead, including the two alleged gunmen. Jeff Nguyen reports.
Parents at a North Hollywood elementary school are concerned about reports of a mother being detained by federal agents near the campus. Luzdelia Caballero reports.
As a massive 17,000-acre brush fire continues to burn on Santa Rosa Island in the Channel Islands, U.S. Coast Guard officials say that the blaze may have been caused by flares from a stranded boater. Mike Rogers reports.
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.
