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.
A man that neighbors say exposes himself to children, yells racial slurs and goes on unhinged rants is continuing to terrorize a Reseda neighborhood, they allege.
Aerial images showed drivers stuck on the freeway, with some driving across shoulders and over curbs to get to nearby off-ramps.
Forward progress was stopped by 7:04 p.m.
The hiker was identified only as a male.
The bear was spotted in aerial images around 5:30 p.m.
The budget carrier Spirit Airlines is ceasing operations after failing to land a $500 million bailout from the Trump administration.
A man that neighbors say exposes himself to children, yells racial slurs and goes on unhinged rants is continuing to terrorize a Reseda neighborhood, they allege.
Aerial images showed drivers stuck on the freeway, with some driving across shoulders and over curbs to get to nearby off-ramps.
Forward progress was stopped by 7:04 p.m.
Cherie DeVaux became the first woman to train the winner of the opening leg of the Triple Crown.
An initial burglary alarm call went out to the Los Angeles Police Department around 9 p.m. to a home in the 1600 block of Blue Jay Way.
The Los Angeles Police Department was in pursuit of assault with a deadly weapon suspects.
Los Angeles mayoral candidate Spencer Pratt lashed out at his opponents in a new attack ad.
Police evacuated Terminal 2 at LAX amid a suspicious package investigation.
The California Attorney General and the Department of Public Health filed a complaint against the makers of kratom, a drug that has been linked to fatal overdoses in LA County.
Following the Orange County death of victim Ed Ashman on Thursday, new charges of involuntary manslaughter for the teen's mother were announced by the DA on Friday.
Ocean experts say to expect more shark sightings through the summer. "It is gearing up to be a sharky summer," said Chris Lowe, the director of the Shark Lab at California State University, Long Beach.
The redesignation of All American Way to Charlie Kirk Way is "in honor of slain activist Charlie Kirk," according to Westminster City Council documents. The name change was approved by the city council in a 4–1 vote last fall.
The crash happened at around 11:50 a.m. near Newland Street, police said.
Evacuation warnings were lifted on Sunday morning, firefighters said.
The Sunshine Motel, at 570 N. H Street, was also found to be unsafe due to health and safety violations and was red-tagged for closure.
The Ontario Tower Buzzers teamed up with a pair of kids from the Make-A-Wish foundation to design unique jerseys for the Minor League Baseball team.
A 3.4-magnitude earthquake struck near the Riverside-San Bernardino county line on Wednesday night, which was then followed by a smaller 2.7-magnitude aftershock.
Police say that the driver of a Honda Civic lost control of their car, which veered off the side of the highway and rolled to the bottom of a steep embankment in Lake Elsinore on Wednesday afternoon.
A San Bernardino County high school coach was arrested for allegedly sleeping with a 15-year-old girl he met at a water polo match in October last year, police said.
Cherie DeVaux became the first woman to train the winner of the opening leg of the Triple Crown.
The budget carrier Spirit Airlines is ceasing operations after failing to land a $500 million bailout from the Trump administration.
LeBron James had 28 points and the Los Angeles Lakers eliminated Houston with a 98-78 win in Game 6 of their Western Conference first-round playoff series by holding the Rockets to a season low in points.
Negotiations over a $500 million dollar government aid package for Spirit stalled after bondholders balked at the terms.
The Kentucky Derby saw a field of 18 horses Saturday in the first leg of the 2026 competition for horse racing's Triple Crown.
Los Angeles mayoral candidate Spencer Pratt lashed out at his opponents in a new attack ad.
Negotiations over a $500 million dollar government aid package for Spirit stalled after bondholders balked at the terms.
Top gubernatorial candidates met onstage at the CBS California Governor's Debate on April 28. Here are the highlights.
A federal appeals court rejected the Trump administration's policy of making immigrants subject to mandatory ICE detention without bond, including those who have lived in the U.S. for years.
Former FBI Director James Comey is again facing federal charges after the government's previous case against him was dismissed.
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.
An unlicensed cosmetologist from Florida has been found guilty in a California court for providing an injection that killed a model who was known as a Kim Kardashian lookalike, prosecutors said.
LA County public health officials issued a bacteria warning at several beaches as a potentially record-breaking heat wave arrives in Southern California.
Food containing norovirus may smell and taste normal but still cause serious illness if consumed, FDA warns.
HHS Secretary RFK Jr. wants the popular coffee chains to prove their surgery drinks are safe for teens and suggested the Trump administration could place limits on your cup of coffee.
Tests of dozens of baby formulas by Consumer Reports found that nearly half contained potentially dangerous chemicals.
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.
More than a dozen cities and counties across California were given a "final warning" from state officials Wednesday, saying they have failed to properly plan for additional new homes amid the state's lack of affordable housing.
Cherie DeVaux became the first woman to train the winner of the opening leg of the Triple Crown.
LeBron James had 28 points and the Los Angeles Lakers eliminated Houston with a 98-78 win in Game 6 of their Western Conference first-round playoff series by holding the Rockets to a season low in points.
The deal merged Major League Pickleball and the Carvana PPA Tour, two of the nascent sport's most active entities, under one company, Pickleball Inc.
The Kentucky Derby saw a field of 18 horses Saturday in the first leg of the 2026 competition for horse racing's Triple Crown.
Nkosi Tafari headed in Son Heung-Min's free kick in second-half stoppage time and LAFC beat Toluca FC 2-1 in the first leg of the CONCACAF Champions Cup semifinal.
Just a week after the two-weekend Coachella Music Festival left Indio, the Empire Polo Club grounds were flooded by country music fans for Stagecoach. Police arrested 119 people during the three-day event, most of whom were arrested for possession of alcohol under 21 years of age.
The Stagecoach Music Festival was evacuated on Saturday night due to extreme winds blowing in the area.
Jake was at the funeral for one of his closest friends when he learned of his parents' deaths, he said.
During a court appearance on Thursday, Los Angeles County prosecutors said that singer D4vd, who was charged with murder in connection with the death of 14-year-old Celeste Rivas Hernandez, had a "significant amount" of child pornography on his cellphone.
Michael Tilson Thomas, the 12-time Grammy Award winning composer and famed conductor who led the San Francisco Symphony for a quarter century, has died.
Neighbors are frightened as the crude, disruptive behavior of a Reseda man continues to escalate. Brittney Ermon reports.
A cooldown is expected in the first week of May in Southern California. Dani Ruberti reports.
Evil Cooks taquería in Los Angeles features truly unique, non-traditional Mexican eats.
AAA Westways Magazine’s Editor in-Chief, Jim Benning, shares where to stay, and what to do for a Laguna Beach weekend getaway.
Spirit Airlines announced early Saturday morning that it was ceasing operations after the budget carrier failed to secure a $500 million federal bailout.
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.
Several people have been injured and multiple homes burned after the Mountain Fire broke out Wednesday morning in Ventura County, burning over 10,000 acres within hours.
