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.
Brandon Nimmo singled home the go-ahead run in the 10th inning and the Texas Rangers beat the Los Angeles Angels 4-1 to snap a five-game road losing streak.
Brandon Mendez, 19, suffered a fractured spine and skull after a man accused of intentionally crashing into 10 people ran him over in Culver City last month.
The Los Angeles Dodgers rallied to beat Kansas City 6-5 for only their second victory in 10 games.
California Gov. Gavin Newsom on Monday announced that nine new television productions would be awarded through the state's film and television tax credit program, which his office estimates will bring over $600 million in production spending.
The Los Angeles Police Department was in pursuit of a possible DUI driver in the San Fernando Valley.
"With profound sadness that we share that [Jackie] passed away in the early hours of this morning, following more than three weeks of intensive medical care," Ojai Raptor Center said.
Brandon Mendez, 19, suffered a fractured spine and skull after a man accused of intentionally crashing into 10 people ran him over in Culver City last month.
California Gov. Gavin Newsom on Monday announced that nine new television productions would be awarded through the state's film and television tax credit program, which his office estimates will bring over $600 million in production spending.
The Los Angeles Police Department was in pursuit of a possible DUI driver in the San Fernando Valley.
Prosecutors said some of the recordings allegedly contained sexist, homophobic and racist remarks.
Brandon Mendez, 19, suffered a fractured spine and skull after a man accused of intentionally crashing into 10 people ran him over in Culver City last month.
California Gov. Gavin Newsom on Monday announced that nine new television productions would be awarded through the state's film and television tax credit program, which his office estimates will bring over $600 million in production spending.
The Los Angeles Police Department was in pursuit of a possible DUI driver in the San Fernando Valley.
Prosecutors said some of the recordings allegedly contained sexist, homophobic and racist remarks.
The fire quickly grew to burn more than 350 acres int he Antelope Acres community.
Metrolink has opted to suspend routes heading through Orange County this week due to an extended period of high tides that are expected to batter the Southern California coast.
The looming El Niño could bring one of the wettest winters on record to California, according to renowned climatologist Daniel Swain.
Orange County Health Care Agency officials have confirmed the county's first human West Nile virus case of 2026, amid what some medical experts believe could be one of the worst mosquito seasons on record.
Drones used high-definition video to detect illegal aerial discharges, helping to pinpoint 13 properties and issue 8 citations totaling $240,000 under the city's new Social Host ordinance.
A study from the journal Science Advances confirms what many of us believed: that more heat waves mean more fires.
A deadly shooting suspect turned himself in to San Bernardino County authorities just hours after their investigation began in Hesperia on Friday.
Deputies say that the man pointed a firearm at them during the incident.
Deputies say that the 33-year-old man pointed a gun at another driver during a road rage incident in July.
The shooting happened on July 31 in the 33000 block of Simpson Road in Winchester, Riverside County deputies said.
The looming El Niño could bring one of the wettest winters on record to California, according to renowned climatologist Daniel Swain.
No winning tickets were sold for Monday night's $905 million Powerball jackpot, so the estimated grand prize for Wednesday night's drawing will be at least $975 million, Powerball says.
The recalled products with jalapeño were distributed at national retailers, including Walmart, Target and Trader Joe's, in 26 states.
The man who prosecutors say orchestrated the 1996 killing of rap icon Tupac Shakur, Duane "Keffe D" Davis, is on trial almost 30 years after the drive-by shooting in Las Vegas.
Don Nelson was one of two coaches in NBA history to have at least 250 wins with three different franchises — Milwaukee, Dallas and Golden State.
In a wide-ranging interview with the CBS News partner BBC News, Hunter Biden grew emotional as he discussed his father's condition, describing it as very sad to watch.
In a wide-ranging interview with the CBS News partner BBC News, Hunter Biden grew emotional as he discussed his father's condition, describing it as very sad to watch.
In a narrow 50-49 vote, President Trump's former defense lawyer was confirmed as attorney general in a vote early Saturday.
First Assistant U.S. Attorney Bill Essayli hired former top aide Shawn Lewis to be a federal law enforcement liaison, though Lewis has three prior convictions for driving under the influence and a pending battery charge.
The Pentagon on Friday released a new batch of documents and images related to UFOs, the fifth disclosure in recent months about the strange encounters.
A California lawmaker is making a final push to pass legislation that would restrict companies from using consumers' personal data and AI to set individualized prices, with supporters hoping to send the bill to the governor before the legislative session ends.
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.
In a wide-ranging interview with the CBS News partner BBC News, Hunter Biden grew emotional as he discussed his father's condition, describing it as very sad to watch.
Orange County Health Care Agency officials have confirmed the county's first human West Nile virus case of 2026, amid what some medical experts believe could be one of the worst mosquito seasons on record.
Taylor Farms said none of its branded salads or kits contain the iceberg lettuce associated with the outbreak.
A lettuce supplier to fast-food giant Taco Bell has been linked to a nationwide cyclosporiasis outbreak that has sickened thousands of people, the CDC said.
Officials are still searching for the source of the outbreak, prompting consumers to seek advice on social media about which foods to avoid.
A California lawmaker wants to address the rising cost of event tickets by limiting how much some tickets can be marked up on the resale market.
California Gov. Gavin Newsom on Friday announced the rollout of the state's new electric vehicle instant rebate program, touting it as part of an investment in the state's clean-vehicle future.
Initial findings showed no evidence of rising statewide unemployment claims from workers in occupations considered highly exposed to AI.
Ford is recalling more than 250,000 vehicles that were incorrectly repaired under a previous recall meant to fix a problem that caused the engine to stall while driving, according to the National Highway Traffic and Safety Administration.
The California State Assembly passed a new bill that they hope can rein in a black market in restaurant reservations.
Brandon Nimmo singled home the go-ahead run in the 10th inning and the Texas Rangers beat the Los Angeles Angels 4-1 to snap a five-game road losing streak.
The Los Angeles Dodgers rallied to beat Kansas City 6-5 for only their second victory in 10 games.
Former NFL quarterback Derek Carr has joined UCLA's coaching staff as a special adviser to head coach Bob Chesney.
Congress is asking MLB to prohibit promotional deals with betting operators after Phillies star Bryce Harper was featured in a video for a FanDuel VIP reward customer.
Eduardo Rodriguez struck out nine in seven strong innings and the Arizona Diamondbacks clinched their first season series over the Los Angeles Dodgers since 2018 with a 4-2 win.
California Gov. Gavin Newsom on Monday announced that nine new television productions would be awarded through the state's film and television tax credit program, which his office estimates will bring over $600 million in production spending.
A California lawmaker wants to address the rising cost of event tickets by limiting how much some tickets can be marked up on the resale market.
Some parts of the LA Jazz Festival were canceled just days before the citywide, two-week party was slated to begin, leaving performers and fans alike in the dark.
A performer will be living inside a billboard 30 feet above the Sunset Strip as Netflix promotes its new film "The Last House."
The Bob Baker Marionette Theater is releasing its first new show in four decades as the iconic team works to raise money and purchase its permanent home in Highland Park.
Nearly two months after suffering a fractured spine and skull, 19-year-old Brandon Mendez is trying to focus on recovering rather than wasting his energy on hating the Perris man accused of intentionally crashing into people in Culver City. Laurie Perez reports.
The Manhattan Beach Police Department arrested a man camping out in a resident's garage after the owner noticed food missing from the fridge.
Jackie, the bald eagle who gained national attention for raising eaglets in Big Bear with her partner Shadow, has died after receiving care in an animal care center, Ojai Raptor Center in California announced Monday. Nicole Comstock reports.
California Gov. Gavin Newsom on Monday announced that nine new television productions would be awarded through the state's film and television tax credit program, which his office estimates will bring millions in production spending. Gio Insignares reports.
Officers were in high-speed pursuit of an alleged DUI driver on Monday night when the suspect fled into a parking structure to evade arrest.
Some of golf's best are facing off at the U.S. Women's Open at the Riviera Country Club in the Pacific Palisades over the weekend. The event runs from June 2 to June 7.
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.
