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.
California established Sept. 25, 9-2-5, as Dolly Parton Day in honor of the beloved artist and as a nod to her 1980 iconic song "9 To 5".
The bills are aimed at continuing current preparations, supporting key public safety partnerships and helping student athletes who will be competing in the Games.
Officials also remind the public that the road into the Point Dume State Beach parking lot remains closed, but the beach itself is not closed.
Wayne Knight ran for 177 yards and two touchdowns, Nico Iamaleava threw two of his three touchdown passes to Semaj Morgan, and UCLA defeated Purdue 52-38 in the Big Ten opener for both teams.
Christian Moore hit an infield single with two outs and the bases loaded that bounded off reliever Taylor Rogers' leg to score Zach Neto and give the Los Angeles Angels a 6-5, 11-inning victory over the Minnesota Twins on Saturday night.
California established Sept. 25, 9-2-5, as Dolly Parton Day in honor of the beloved artist and as a nod to her 1980 iconic song "9 To 5".
The bills are aimed at continuing current preparations, supporting key public safety partnerships and helping student athletes who will be competing in the Games.
Officials also remind the public that the road into the Point Dume State Beach parking lot remains closed, but the beach itself is not closed.
California's film industry rejoiced on Saturday as Gov. Gavin Newsom signed a bill that will create a post-production tax credit and hopefully keep the work in Hollywood.
Police said that the suspect allegedly started a brush fire in the parkland area near the 1700 block of Paseo La Cresta on Thursday morning.
The bills are aimed at continuing current preparations, supporting key public safety partnerships and helping student athletes who will be competing in the Games.
Officials also remind the public that the road into the Point Dume State Beach parking lot remains closed, but the beach itself is not closed.
California's film industry rejoiced on Saturday as Gov. Gavin Newsom signed a bill that will create a post-production tax credit and hopefully keep the work in Hollywood.
Police said that the suspect allegedly started a brush fire in the parkland area near the 1700 block of Paseo La Cresta on Thursday morning.
The crash happened at around 3:40 p.m. near the intersection of W. Exposition Boulevard and Western Avenue, LAPD officials told CBS LA.
Newport Beach's eroding shoreline is getting some help as city and county authorities approved the expedited transfer of sand from the Santa Ana River outlet in West Newport.
Uber was ordered to pay $40 million to the family of a woman killed on an Orange County freeway after a rideshare driver left her on the side of the road.
Orange County declared a state of emergency after powerful waves pummeled its beaches, causing severe coastal erosion and damage to its seaside communities.
Orange County vector control officials are sounding the alarm on what they say is an unprecedented mosquito season.
Police say that the 18-year-old student was taken to the hospital after attending a fraternity function on Saturday.
An Etiwanda family said their 12-year-old daughter was beaten and choked while another student hurled antisemitic slurs, according to their complaint to the Department of Education.
A train car was burglarized and set on fire in Riverside during the latest in a string of heists in the Inland Empire.
Five people were hospitalized and three dogs died after a fire in a Riverside apartment building.
Melody Valdez, 21 of Temecula, was arrested on suspicion of homicide, among other charges.
The crash happened just before 7 a.m. on Sunday near the intersection of Whitewood Road and Meadowlark Lane, Murrieta police said.
In a Truth Social post, Mr. Trump called fears around artificial intelligence possibly becoming a superintelligence that could pose a threat to human existence a hoax.
The lawsuit argues the leading AI companies violated antitrust laws when they agreed to coordinate slowdown efforts.
President Trump said Friday that three outlets would be banned from the White House, "effective immediately."
CBS News observed two MS NOW employees being turned away from the White House on Saturday morning.
Mike Trout hit a tying RBI single in the 10th inning, and Wade Meckler followed with a winning RBI single to give the Los Angeles Angels a 5-4 victory over the Minnesota Twins on Thursday night.
California Gov. Gavin Newsom vetoed a bill Friday that would have allowed each state agency to make its own telework policy.
In a Truth Social post, Mr. Trump called fears around artificial intelligence possibly becoming a superintelligence that could pose a threat to human existence a hoax.
President Trump said Friday that three outlets would be banned from the White House, "effective immediately."
Health and Human Services Secretary Robert F. Kennedy Jr. spoke at a conference hosted by an organization he once led that has promoted doubts about vaccines.
CBS News observed two MS NOW employees being turned away from the White House on Saturday morning.
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.
The CDPH said an unvaccinated passenger who later was hospitalized with measles traveled around the country by train and bus, eventually moving through at least six California counties before heading to Denver, Colorado.
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.
About 43,000 people are expected to attend the annual AI and enterprise tech conference hosted by Salesforce which comes amid calls for a slowdown in AI developments.
Pest control company Terminix has agreed to pay $3.15 million to settle a lawsuit brought by 29 California counties alleging the company unlawfully disposed of pesticides and violated customer privacy laws.
As Californians prepare to celebrate Labor Day and the contributions of American workers, labor unions are raising alarms about what they see as a growing threat to the future of human work.
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.
Wayne Knight ran for 177 yards and two touchdowns, Nico Iamaleava threw two of his three touchdown passes to Semaj Morgan, and UCLA defeated Purdue 52-38 in the Big Ten opener for both teams.
Christian Moore hit an infield single with two outs and the bases loaded that bounded off reliever Taylor Rogers' leg to score Zach Neto and give the Los Angeles Angels a 6-5, 11-inning victory over the Minnesota Twins on Saturday night.
Mookie Betts went 4 for 4 with three doubles, Will Smith added three hits including a home run, and the Los Angeles Dodgers beat the San Francisco Giants 10-4 on Saturday night.
Marco Reus had a goal and an assists, João Klauss and Pablo Ruiz also scored a goal, and the LA Galaxy beat Minnesota United 3-2.
Denis Bouanga scored his franchise-record 79th career regular-season goal for Los Angeles FC in a 2-2 tie with the San Jose Earthquakes.
California established Sept. 25, 9-2-5, as Dolly Parton Day in honor of the beloved artist and as a nod to her 1980 iconic song "9 To 5".
California's film industry rejoiced on Saturday as Gov. Gavin Newsom signed a bill that will create a post-production tax credit and hopefully keep the work in Hollywood.
Duncan Sheik died on Thursday night, his family said.
Aaron Rowe, Beoga, Lukas Graham and Finneas all released statements Tuesday on Instagram saying they were withdrawing from Ed Sheeran's tour.
The 78th Primetime Emmy Awards celebrated the best in television and streaming from the past year on Monday. See the full list of winners and nominees.
Athletes gathered at Zuma Beach in Malibu to compete in a triathlon to raise money for charity.
Paul Zahn, a lifestyle expert, shares some tips on how to make a perfect fall brunch and dinner that are fit for the season.
Temperatures will continue to be below average in Southern California through the beginning of the week. There could be a chance of some light showers in some areas on Monday and Tuesday.
Alex Biston previews the upcoming weather for Southern California in her NEXT Weather Forecast.
Lauren Pozen reports from Exposition Park, where some of Hollywood's biggest names attended the grand opening of the Lucas Museum of Narrative Art on Saturday.
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.
