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.
Firefighters and USAR specialists worked for about an hour to rescue the man. Crews used an oxygen tank and mask due to the air quality in the hole.
With matches being played in 11 cities across the U.S., Mexico and Canada, fans are getting three World Cup opening ceremonies.
FOX and NBCUniversal have the broadcasting rights for the 104 World Cup games being played in the U.S., Canada and Mexico.
LAUSD's Roybal Film and Television Magnet, which was designed to be a pipeline to the entertainment industry, celebrated its first graduating class.
Jose Siri hit a game-winning single in the 10th inning, Mike Trout and Logan O'Hoppe homered, and the Los Angeles Angels beat the Houston Astros 3-2.
FOX and NBCUniversal have the broadcasting rights for the 104 World Cup games being played in the U.S., Canada and Mexico.
With matches being played in 11 cities across the U.S., Mexico and Canada, fans are getting three World Cup opening ceremonies.
Firefighters and USAR specialists worked for about an hour to rescue the man. Crews used an oxygen tank and mask due to the air quality in the hole.
LAUSD's Roybal Film and Television Magnet, which was designed to be a pipeline to the entertainment industry, celebrated its first graduating class.
The Los Angeles Police Department is in pursuit of a DUI driver near South LA.
Firefighters and USAR specialists worked for about an hour to rescue the man. Crews used an oxygen tank and mask due to the air quality in the hole.
LAUSD's Roybal Film and Television Magnet, which was designed to be a pipeline to the entertainment industry, celebrated its first graduating class.
The Los Angeles Police Department is in pursuit of a DUI driver near South LA.
Police said that the suspect is known to approach females in the Sun Valley area "with the intent to engage in a romantic relationship." He was arrested in May and detectives are seeking potential additional victims.
Police said that the man was fatally shot during a child custody exchange in the parking lot of the Home Depot on Badillo Street.
The November Fire has forced some evacuation orders and warnings for people in San Diego County.
Laguna Beach officials said that their search for the girl concluded at around 9 p.m. on Wednesday night, more than 24 hours after the girl was swept away.
Hundreds of Orange County residents gathered in Garden Grove on Tuesday night to demand answers from GKN Aerospace leadership during a special city council meeting.
The Orange County District Attorney's Office said officers found her in a running shower with her toddler's body.
Police arrested the 28-year-old man after he crashed and attempted to hide in thick brush near Hayes Avenue and De Luz Road in Murrieta.
Two people were killed, including a 9-year-old boy, during a three-car crash in Riverside County on Tuesday night, according to the California Highway Patrol.
The November Fire has forced some evacuation orders and warnings for people in San Diego County.
Following a yearlong investigation, Freddy Cisneros of Fontana was arrested on Tuesday for allegedly having sex with a minor under the age of sixteen.
Team Rubicon volunteers are set to remove dozens of dead trees and vegetation to help mitigate wildfire risk on Big Bear as part of a nearly four-year plan to remove what was left behind by the 2022 Radford Fire and the 2024 Line Fire.
Hermosa Beach police arrested a suspect who allegedly broke into a home while the residents, including two small children, were still inside early Monday morning.
With matches being played in 11 cities across the U.S., Mexico and Canada, fans are getting three World Cup opening ceremonies.
FOX and NBCUniversal have the broadcasting rights for the 104 World Cup games being played in the U.S., Canada and Mexico.
President Trump said the U.S. has taken out "millions" of barrels of Iranian oil in the dead of night, and said inflation will come down when the war ends.
The Consumer Price Index rose last month at a 4.2% annual rate amid a spike in U.S. energy prices.
Bill Gates told members of Congress on Wednesday that Jeffrey Epstein put his philanthropic work at risk, and that meeting him represented "a grave error in judgment."
California's Democratic Gov. Gavin Newsom spearheaded a redistricting initiative that was intended to make up to five more districts more friendly to Democrats. Voters may have different ideas.
President Trump said the U.S. has taken out "millions" of barrels of Iranian oil in the dead of night, and said inflation will come down when the war ends.
Bill Gates told members of Congress on Wednesday that Jeffrey Epstein put his philanthropic work at risk, and that meeting him represented "a grave error in judgment."
Republican Steve Hilton, a former Fox News host and adviser to former British Prime Minister David Cameron, will advance to November's general election in the race to become California's next governor, CBS News projects.
Donald Trump was booed loudly by fans inside Madison Square Garden when he was shown on video screens during the national anthem prior to Game 3 of the NBA Finals on Monday.
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.
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.
Three passengers have been evacuated from a cruise ship hit by a hantavirus outbreak, as related cases are confirmed in Switzerland and South Africa.
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.
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.
A home-based food movement has been heating up in California, with home cooks turning their beloved family recipes into small businesses.
With matches being played in 11 cities across the U.S., Mexico and Canada, fans are getting three World Cup opening ceremonies.
FOX and NBCUniversal have the broadcasting rights for the 104 World Cup games being played in the U.S., Canada and Mexico.
Jose Siri hit a game-winning single in the 10th inning, Mike Trout and Logan O'Hoppe homered, and the Los Angeles Angels beat the Houston Astros 3-2.
The Knicks set the record for the biggest NBA Finals comeback Wednesday night as they rallied from 29 points down to beat the Spurs 107-106.
Tyler Callihan hit the first two home runs of his career as the Pirates rallied past the Dodgers 9-8 on Wednesday night.
With matches being played in 11 cities across the U.S., Mexico and Canada, fans are getting three World Cup opening ceremonies.
"Schmigadoon!" — which was tied for the most nominations, with 12 — won Best Musical, and "Liberation" took home the honor of Best Play at the 2026 Tony Awards.
Peabo Bryson, a two-time Grammy-winning singer and songwriter known for Disney movie hits "Beauty and the Beast" and "A Whole New World," has died at age 75.
President Trump said he is considering replacing the Freedom 250 concert series with a rally after many artists dropped out.
Sonny Rollins, the legendary tenor saxophonist known for his bold tone and constant experimentation, has died at 95.
Thursday will be another hot day in Southern California with temperatures continuing to rise.
LAUSD's Roybal Film and Television Magnet, which was designed to be a pipeline to the entertainment industry, celebrated its first graduating class. Brittney Ermon reports.
Lauren Pozen takes a look at Measure ER and what it means for Angelenos after it appears to have been passed by voters in the primary election.
CBS LA's Kara Finnstrom shows us how one local woman turned her home kitchen into a restaurant.
Former friends and political allies Karen Bass and Nithya Raman began campaigning for the Los Angeles mayoral race in November. Tom Wait takes a look at the details.
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.
