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.
New California laws implement restrictions on handgun sales and require more clarity for food expiration date labels.
Victor Willis, lead singer of the disco group Village People, whose hit "Y.M.C.A." became a fixture at rallies for President Trump, has died at the age of 74, his wife and the band said.
A Venice father whose quick thinking saved his 2-year-old daughter's life when a truck crashed into their car nearly two weeks ago is on the long road to recovery after doctors amputated part of his leg.
Julio Rodriguez had three hits and scored twice, Bryan Woo took a shutout into the seventh inning and the Seattle Mariners put together a five-run sixth on Tuesday night to beat the Los Angeles Angels 8-3.
Mexico reached the Round of 16 for the eighth time on Tuesday night with their 2-0 win over Ecuador, and fans took the Southern California streets to celebrate the moment.
New laws include restrictions on handgun sales and clarity for food expiration date labels.
Victor Willis, lead singer of the disco group Village People, whose hit "Y.M.C.A." became a fixture at rallies for President Trump, has died at the age of 74, his wife and the band said.
A Venice father whose quick thinking saved his 2-year-old daughter's life when a truck crashed into their car nearly two weeks ago is on the long road to recovery after doctors amputated part of his leg.
James, 41, played eight seasons with the Lakers and led the franchise to its 17th NBA championship in the 2019-2020 season.
Mexico reached the Round of 16 for the eighth time on Tuesday night with their 2-0 win over Ecuador, and fans took the Southern California streets to celebrate the moment.
A Venice father whose quick thinking saved his 2-year-old daughter's life when a truck crashed into their car nearly two weeks ago is on the long road to recovery after doctors amputated part of his leg.
Mexico reached the Round of 16 for the eighth time on Tuesday night with their 2-0 win over Ecuador, and fans took the Southern California streets to celebrate the moment.
A $15,000 reward has been renewed as Los Angeles County Sheriff's Department detectives continue working to locate a suspect wanted for the 2024 homicide of 50-year-old Damon Eugene Bluthenthal.
Gerry Blanck's house and legendary dojo of 43 years were destroyed by the Palisades Fire in 2025, and he says the tragedy has turned into a little miracle for him.
While the show may have gone dark for good, a piece of its history is lighting up a corner of West Hollywood.
Mexico reached the Round of 16 for the eighth time on Tuesday night with their 2-0 win over Ecuador, and fans took the Southern California streets to celebrate the moment.
Santa Ana police are warning of a crackdown on World Cup celebrations ahead of the Mexico-Ecuador match on Tuesday, a week after hundreds of fans flooded city streets following their win over Czechia.
It may be a construction site right now, but OC Vibe promises to be Southern California's newest hot spot for food and entertainment.
An Orange County airport worker met a woman who raised more than $170,000 for him after she spotted him working through pain on the job.
Hazardous materials cleanup is finally scheduled to take place at GKN Aerospace in Garden Grove next week, a month after a compromised chemical tank at risk of exploding or leaking caused tens of thousands of Orange County residents to evacuate their homes.
A Riverside County pastor was killed and his wife was injured when their hotel collapsed during the pair of powerful earthquakes that struck near Caracas, Venezuela, last week.
The shooting happened in an unincorporated community known as North Shore at around 12:10 a.m., according to Riverside County deputies.
Deputies said that the incident appears to have been an "apparent suicide pact."
The Friends of Big Bear Valley told CBS LA that Sandy, the female eaglet, appeared to land on another tree and is near her mother, Jackie.
An investigation is underway in San Bernardino County after human remains were discovered on a recently purchased Apple Valley property, according to deputies.
Victor Willis, lead singer of the disco group Village People, whose hit "Y.M.C.A." became a fixture at rallies for President Trump, has died at the age of 74, his wife and the band said.
The Supreme Court agreed to take up challenges to so-called assault-weapons bans in Cook County, Illinois, and Connecticut.
The Supreme Court on Tuesday struck down President Trump's executive order seeking to end birthright citizenship.
The Supreme Court struck down federal limits on the amount of money a political committee can spend in coordination with federal candidates.
The Supreme Court upheld state laws from West Virginia and Idaho that restricted participation by transgender athletes in girls' and women's sports.
Los Angeles City Council members on Tuesday agreed to scrap a proposal that would put a measure to allow for non-citizen voting on the November ballot.
President Trump earned more than a billion dollars from crypto-related ventures alone last year, according to a financial disclosure, including from his meme coin business and his family's cryptocurrency firm.
The Supreme Court agreed to take up challenges to so-called assault-weapons bans in Cook County, Illinois, and Connecticut.
The Supreme Court on Tuesday struck down President Trump's executive order seeking to end birthright citizenship.
The Supreme Court struck down federal limits on the amount of money a political committee can spend in coordination with federal candidates.
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.
Former NFL running back Chris Johnson announced that he was diagnosed with ALS, also known as Lou Gehrig's disease, in a "Good Morning America" interview.
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.
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.
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.
Julio Rodriguez had three hits and scored twice, Bryan Woo took a shutout into the seventh inning and the Seattle Mariners put together a five-run sixth on Tuesday night to beat the Los Angeles Angels 8-3.
The Los Angeles Dodgers two-way star Shohei Ohtani will skip his scheduled pitching start Wednesday against the Athletics to get some extra rest, manager Dave Roberts said.
Santa Ana police are warning of a crackdown on World Cup celebrations ahead of the Mexico-Ecuador match on Tuesday, a week after hundreds of fans flooded city streets following their win over Czechia.
Shohei Ohtani hit a three-run homer to support Eric Lauer in his conventional return to the starting rotation as the Los Angeles Dodgers beat the Athletics 9-4.
Cole Young hit two home runs to back eight strong innings from George Kirby as the Seattle Mariners came from behind to beat the Los Angeles Angels 6-2.
Victor Willis, lead singer of the disco group Village People, whose hit "Y.M.C.A." became a fixture at rallies for President Trump, has died at the age of 74, his wife and the band said.
According to prosecutors and testimony, Carl Rinsch told Netflix he needed $11 million to finish a show, but spent whopping sums on luxury cars, watches and other goods, including $638,000 on two mattresses.
A California appeals court has upheld Harvey Weinstein's 2022 rape and sexual assault conviction.
There appear to be new clues about the location of Taylor Swift and Travis Kelce's wedding.
A judge has found that a man charged with murder in the stabbing of actor James Handy isn't mentally competent for criminal court proceedings.
A new round of laws will impact Californians across the state when they go into effect on July 1. The laws vary in objective, including ensuring access to healthcare for expectant families in rural areas and prohibiting cell phone use for students at school. Amanda Starrantino reports.
Been waiting for the summer heat? Well it's almost here in Southern California. Amber Lee reports.
A Venice father whose quick thinking saved his 2-year-old daughter's life when a truck crashed into their car nearly two weeks ago is on the long road to recovery after doctors amputated part of his leg. Gio Insignares reports.
Lesley Marin takes a look at the rising cost of grocery store prices and how they could impact many Fourth of July celebrations this year.
Laurie Perez, Desmond Shaw and Mike Rogers report on the massive celebrations taking place across Southern California after El Tri topped Ecuador 2-0 to advance to the FIFA World Cup Round of 16 on Tuesday night.
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.
