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.
In certain areas along PCH, the erosion in Malibu has created drop-offs of 8 feet.
Disney and TikTok are teaming up to let users create short-form videos that draw on the entertainment giant's large stable of movies and TV shows.
In the livestream, which has since been taken down, Hilton appears to be bloodied and in a distressed mental state.
Ontario residents gathered at Tuesday night's city council meeting to demand transparency from city leaders after the city's mayor pro tempore's home was raided by FBI agents last month.
It's unclear where the chase began.
Federal authorities arrested a man who appeared to be monitoring security-planning activities at Trump National Golf Club in LA County ahead of the president's Southern California visit.
In certain areas along PCH, the erosion in Malibu has created drop-offs of 8 feet.
Disney and TikTok are teaming up to let users create short-form videos that draw on the entertainment giant's large stable of movies and TV shows.
In the livestream, which has since been taken down, Hilton appears to be bloodied and in a distressed mental state.
Ontario residents gathered at Tuesday night's city council meeting to demand transparency from city leaders after the city's mayor pro tempore's home was raided by FBI agents last month.
In certain areas along PCH, the erosion in Malibu has created drop-offs of 8 feet.
It's unclear where the chase began.
Los Angeles Mayor Karen Bass penned another letter to the Lineage shareholders on Tuesday, hoping to highlight the ongoing fallout from June's warehouse fire that has left a litany of issues that impact the daily lives of Boyle Heights residents living near the facility.
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.
Hospital leaders, employees, and community members rallied outside the board of supervisors meeting on Tuesday. They're asking the county to re-examine how Measure B tax dollars are distributed.
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.
Big waves in Orange County have put lifeguards on alert, following a tragic accident just a month ago.
The partnership will bring a Pioneer Baseball League team to Irvine in 2027, much like the Long Beach Coast, which joined the league earlier this year.
Some Southern California communities could be at risk of flooding in the coming days due to Hurricane Genevieve.
Ontario residents gathered at Tuesday night's city council meeting to demand transparency from city leaders after the city's mayor pro tempore's home was raided by FBI agents last month.
Riverside County authorities on Monday announced that the suspect in a deadly 2020 incident on Highway 74 near Hemet was already in custody for a different crime.
The Ojai Raptor Center said specialists are still trying to determine the unknown illness ailing Big Bear bald eagle Jackie.
A police task force recovered 50 stolen vehicles worth $1.8 million from a chop shop in Norco.
A study from the journal Science Advances confirms what many of us believed: that more heat waves mean more fires.
Disney and TikTok are teaming up to let users create short-form videos that draw on the entertainment giant's large stable of movies and TV shows.
In the livestream, which has since been taken down, Hilton appears to be bloodied and in a distressed mental state.
Three people were killed and seven others were wounded in the Saturday attack in Twin Falls, Idaho. The gunman died of a self-inflicted gunshot wound, officials said.
Federal authorities arrested a man who appeared to be monitoring security-planning activities at Trump National Golf Club in LA County ahead of the president's Southern California visit.
The impact wasn't visible to the naked eye, but photos are expected to come from a lunar satellite at a later time.
Federal authorities arrested a man who appeared to be monitoring security-planning activities at Trump National Golf Club in LA County ahead of the president's Southern California visit.
The order came after Republican Senators Thom Tillis and John Cornyn threatened to block Blanche's confirmation for Attorney General if the fund was not rescinded in writing.
Records reveal California twice missed deadlines to buy the trains at the center of a federal funding fight — then quietly dropped its lawsuit weeks after missing its new deadline.
Federal prosecutors moved to dismiss an indictment charging U.S. Olympic canoeist David Hearn with ripping the bottom of the Lincoln Memorial Reflecting Pool, saying the damage was caused by "botched installation and not vandalism."
California Gov. Gavin Newsom's office has released tax returns showing he and his wife made between $1.7 million and $2 million annually from 2022 through 2024.
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.
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.
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.
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.
The Chicago Cubs spoiled Tarik Skubal's debut with the slumping Los Angeles Dodgers on Tuesday night, posting a 5-1 victory behind key RBI singles by Nico Hoerner and Pete Crow-Armstrong.
Pete Alonso hit a two-run single, Tyler O'Neill had his third pinch-hit homer of the season, and the trade-depleted Baltimore Orioles beat the Los Angeles Angels 3-1.
Seiya Suzuki, Carson Kelly and Kevin Alcántara each hit a two-run homer, and the Chicago Cubs handed the Los Angeles Dodgers their fourth consecutive loss with a 10-5 victory.
Even after adding back-to-back American League Cy Young Tarik Skubal over the weekend, the Los Angeles Dodgers continued to bolster their already stellar roster ahead of Monday's trade deadline.
The Angels traded José Soriano, Jo Adell, Kirby Yates, Brent Suter and Ryan Zeferjahn in exchange for a slew of prospects and young players as their rebuilding process begins.
Ariana Grande had been due to star alongside her "Wicked" co-star Jonathan Bailey in a production of "Sunday in the Park with George" in 2027.
Vincent Pastore played Salvatore "Big Pussy" Bonpensiero on all six seasons of "The Sopranos," which aired from 1999 to 2007.
A lawsuit alleges that a drive storing a $45 million spy film starring Nicolas Cage was "stolen right off a Netflix desk."
Academy Award-winning Irish singer-songwriter Glen Hansard has died in a motorcycle crash.
Four women say Hollywood star Jared Leto committed sexual crimes against them when they were teenagers, in interviews with the BBC.
The heat risk will increase across Southern California over the weekend. Monsoonal moisture will also return by the end of the week, making conditions humid and uncomfortable.
Michele Gile reports from Orange, where city leaders on Tuesday announced that residents were fined $240,000 for illegal firework violations after promising that they would further crack down on Fourth of July fireworks.
The Los Angeles County Board of Supervisors voted today to re-examine how millions of dollars in tax revenue, particularly Measure B funds, are distributed to trauma centers amid changes to federal Medicaid funding. Jasmine Viel reports.
Tom Wait reports from Rancho Palos Verdes, where President Trump made a brief stop on Tuesday night for a Republican National Committee fundraising dinner at his golf club.
A Los Angeles County man was arrested over the weekend after authorities found ammunition and a gun inside his car after he claimed to be a U.S. Department of State employee. Laurie Perez reports from his neighborhood, where residents say they're surprised by the allegations.
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.