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 crash happened at around 4:30 p.m. in the 20300 block of Sherman Way near Oso Avenue, according to Los Angeles Fire Department officials.
California adoptees are pushing for a bill that would give them access to their birth certificates, which are currently sealed by the state when adoption is finalized.
Zack Wheeler allowed one run in six innings as the Philadelphia Phillies completed a three-game sweep with a 5-2 win over the Los Angeles Angels.
A 54-year-old Riverside County man was arrested last week for a deadly stabbing that happened in the unincorporated community of Mead Valley near Perris.
Tyler Glasnow gave up two hits and one run in seven innings as the Los Angeles Dodgers beat the Detroit Tigers 6-1.
The crash happened at around 4:30 p.m. in the 20300 block of Sherman Way near Oso Avenue, according to Los Angeles Fire Department officials.
After more than two months, the last of the food waste inside the burnt-out Lineage cold storage warehouse that went up in flames in June has been removed.
California adoptees are pushing for a bill that would give them access to their birth certificates, which are currently sealed by the state when adoption is finalized.
A 54-year-old Riverside County man was arrested last week for a deadly stabbing that happened in the unincorporated community of Mead Valley near Perris.
Tyler Glasnow gave up two hits and one run in seven innings as the Los Angeles Dodgers beat the Detroit Tigers 6-1.
The crash happened at around 4:30 p.m. in the 20300 block of Sherman Way near Oso Avenue, according to Los Angeles Fire Department officials.
The three-time NFL Defensive Player of the Year previously retired from the team in 2023 after 10 seasons.
The incident took place around 4:41 a.m. at Superior Grocers in the area of Manchester Avenue and Crocker Street.
It happened just after 10 p.m. near Redondo Beach Boulevard and Vermont Avenue, according to a news release from the Gardena Police Department.
After more than two months, the last of the food waste inside the burnt-out Lineage cold storage warehouse that went up in flames in June has been removed.
A 14-year-old Orange County boy was seriously injured in a crash while he was allegedly riding an e-motorcycle illegally, according to police.
The one-day, nonprofit festival, founded by musician Olivia Rodrigo, features an all-female lineup including performances by Rodrigo, Chappell Roan, Katseye, Stevie Nicks, Sarah McLachlan and more.
Cal State LA switched to a modified system as campus officials continue working to address an air conditioning outage.
California lawmakers passed legislation that would ban disposable nicotine vapes.
An e-bike ban at Newport Beach schools has unintentionally sparked disputes between students and neighbors.
A 54-year-old Riverside County man was arrested last week for a deadly stabbing that happened in the unincorporated community of Mead Valley near Perris.
An 18-year-old was arrested for allegedly cutting down a Flock camera in Temecula on Tuesday night, according to the Riverside County Sheriff's Office.
After hundreds of residents flooded an open house hosted by the power company looking to install miles of high-voltage power lines through the city of Temecula, the mayor took to social media to share a scathing message about what she called a "dog and pony show."
Deputies said that the plane was found nose down in a field near the Big Bear City Airport.
After more than 30 years, the final victim of the "Happy Face Killer" has been identified thanks to investigative efforts in Riverside County.
Kyle Schwarber hit a go-ahead RBI single and Trea Turner had a two-run single in a three-run 10th inning in the Philadelphia Phillies' victory Saturday.
Violent flash floods hit the Grand Canyon's Bright Angel Canyon and Phantom Ranch area, the National Park Service said, leaving more than a dozen people missing.
The judge delivered a victory for Stanford University's student newspaper, which said some international students were afraid to speak out because of the deportation threat.
Milo Yiannopoulos, who is British, was accused of overstaying his visa after entering the country legally in May 2019.
The ruling marks a blow to the federal government's long-delayed effort to prosecute Khalid Sheikh Mohammed, who is accused of developing the plot to crash planes into the Pentagon and World Trade Center.
The judge delivered a victory for Stanford University's student newspaper, which said some international students were afraid to speak out because of the deportation threat.
Milo Yiannopoulos, who is British, was accused of overstaying his visa after entering the country legally in May 2019.
The ruling marks a blow to the federal government's long-delayed effort to prosecute Khalid Sheikh Mohammed, who is accused of developing the plot to crash planes into the Pentagon and World Trade Center.
A Department of Homeland Security spokesperson said Milo Yiannopoulos "chose to overstay his welcome."
California lawmakers are moving to ban a controversial device that can deliver an electric shock through a law enforcement officer's gloves, while the Sacramento County sheriff argues the technology can help deputies safely detain people without using more forceful tactics.
Homeowners getting their insurance through the California FAIR Plan will soon be paying even more, but industry observers say it may be a good sign for the state's insurance market.
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.
Patients taking the first-of-a-kind pill, called daraxonrasib, lived for a median of 13.2 months compared with 6.7 months for chemotherapy recipients, studies showed.
Moderna and Merck announced study results that reflect a "landmark moment" in treatment for one of the deadliest forms of skin cancer.
The Social Security Administration is expanding its list of diseases and other health conditions that may qualify for accelerated approval of disability benefits.
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.
California regulators approved Waymo to expand its services in Los Angeles and the Bay Area, and to offer its autonomous ride-hailing service in Sacramento and San Diego in the future, the company said Friday.
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.
Zack Wheeler allowed one run in six innings as the Philadelphia Phillies completed a three-game sweep with a 5-2 win over the Los Angeles Angels.
Tyler Glasnow gave up two hits and one run in seven innings as the Los Angeles Dodgers beat the Detroit Tigers 6-1.
The three-time NFL Defensive Player of the Year previously retired from the team in 2023 after 10 seasons.
Kyle Schwarber hit a go-ahead RBI single and Trea Turner had a two-run single in a three-run 10th inning in the Philadelphia Phillies' victory Saturday.
Amahl Pellegrino added some insurance with a short-handed goal in the second half, Anders Dreyer had two assists and San Diego FC went on to beat the Los Angeles Galaxy 3-1.
The international airport in Nashville, Tennessee, would be renamed for Dolly Parton under a proposal by Tennessee's governor.
Both sides have rested in the murder trial of Duane "Keffe D" Davis, who prosecutors allege orchestrated the 1996 murder of Tupac Shakur.
Tim Curry was known for his iconic performances in cult classics like "The Rocky Horror Picture Show" and the original screen adaptation of Stephen King's "It."
Audience members at a stage performance of "9 to 5: The Musical" in the U.K. were heard gasping aloud at the news of Dolly Parton's death Tuesday.
Dolly Parton became an icon over her six-decade career as a Grammy-winning singer-songwriter, movie and TV star and theme park owner who donated millions to help others.
Aaron Donald, commonly regarded as one of the greatest defensive players in NFL history, has announced his return to the Los Angeles Rams after two years of retirement, forming a fearsome duo with the newly acquired Myles Garrett on the defensive front.
Marina Jurica takes an in-depth look at how the newly launched NASA Roman Space Telescope can help astronomers explore dark energy and the hidden universe.
Four years after a horrific crash that killed six people at a Windsor Hills intersection, the driver who allegedly caused it all is set to stand trial. Zach Boetto reports.
After the death of iconic actor Tim Curry, the Landmark's Nuart Theatre honored him with a special screening of "The Rocky Horror Picture Show," with fans dressing up to pay their own respects after his death at 80.
After a week of sweltering heat, Southern California is due for some less intense weather. Alex Biston takes a look with her NEXT Weather Forecast.
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.
