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 National Weather Service projects rain totals from Friday to Monday to reach between .5 and 1.5 inches in various communities.
A pursuit suspect fought California Highway Patrol officers on the 405 Freeway after leading police on a pursuit through Orange and Los Angeles counties.
John Carlson scored three goals for the first hat trick of his 17-year NHL career, and the Anaheim Ducks snapped their six-game losing streak with an emphatic 6-1 victory over the San Jose Sharks on Thursday night.
LeBron James had 26 points, 11 assists and eight rebounds but didn't get to compete against rival and pal Stephen Curry as the Los Angeles Lakers beat the Golden State Warriors 119-103 on Thursday night.
An Ontario mother sued the school district after staff found her son face down in a pool after teachers and aides allegedly left him unattended.
The National Weather Service projects rain totals from Friday to Monday to reach between .5 and 1.5 inches in various communities.
A pursuit suspect fought California Highway Patrol officers on the 405 Freeway after leading police on a pursuit through Orange and Los Angeles counties.
An Ontario mother sued the school district after staff found her son face down in a pool after teachers and aides allegedly left him unattended.
A SWAT deputy in Riverside County was caught scrolling on what appeared to be a dating app during a standoff with an armed suspect.
The Federal Aviation Administration launched an investigation after a Frontier plane nearly collided with two trucks on an LAX taxiway.
A pursuit suspect fought California Highway Patrol officers on the 405 Freeway after leading police on a pursuit through Orange and Los Angeles counties.
An Ontario mother sued the school district after staff found her son face down in a pool after teachers and aides allegedly left him unattended.
The Federal Aviation Administration launched an investigation after a Frontier plane nearly collided with two trucks on an LAX taxiway.
LAUSD's website shows food distribution sites, mental health resources, child care options and tech support available during a possible teachers' strike next week.
Parents at Chatsworth Park Elementary School are demanding answers after a suspected mold issue raised health concerns and forced a building closure.
Two waves of rainstorms are predicted to hit Southern California over the weekend, bringing a drop in temperatures across the region.
The homicide investigation led Orange County deputies to an illegal gambling house in Stanton, where nearly 50 people were detained over the weekend.
An hours-long pursuit finally came to an end after the alleged DUI suspect led California Highway Patrol officers through Orange, Los Angeles, Riverside and San Bernardino counties on Tuesday night.
Santa Ana Police Department detectives are seeking help from the public in solving a homicide that left a 37-year-old man dead outside his home in early 2025.
Two Inland Empire teenagers, including the daughter of an Orange County firefighter, were hospitalized with severe injuries after they were involved in an off-roading accident in Utah last week.
An Ontario mother sued the school district after staff found her son face down in a pool after teachers and aides allegedly left him unattended.
A SWAT deputy in Riverside County was caught scrolling on what appeared to be a dating app during a standoff with an armed suspect.
The arson suspect who was arrested for allegedly starting a fire that decimated a 1.2 million square-foot Kimberly-Clark paper goods warehouse in Ontario earlier this week was charged by prosecutors on Thursday.
Three Southern California men were arrested for their alleged part in a $1 million Lego heist in the Inland Empire, according to authorities.
Two men in their 60s were found dead in Yucaipa on Wednesday afternoon, deputies said.
The Federal Aviation Administration launched an investigation after a Frontier plane nearly collided with two trucks on an LAX taxiway.
Brian Hooker exchanged Facebook messages with a friend, which CBS News exclusively reviewed, after his wife vanished in the Bahamas over the weekend.
First lady Melania Trump delivered a televised statement denying a relationship with the late sex offender Jeffrey Epstein.
California's attorney general filed charges against 21 suspects, accusing the group of defrauding the state of $267 million. Arrests come after a CBS News investigation into hospice fraud.
The NFL is being investigated for practices that allegedly harm consumers for licensing games to multiple platforms — paid streaming platforms, paid cable networks, and others, sources said.
First lady Melania Trump delivered a televised statement denying a relationship with the late sex offender Jeffrey Epstein.
California's attorney general filed charges against 21 suspects, accusing the group of defrauding the state of $267 million. Arrests come after a CBS News investigation into hospice fraud.
The NFL is being investigated for practices that allegedly harm consumers for licensing games to multiple platforms — paid streaming platforms, paid cable networks, and others, sources said.
The U.S. Postal Service, which lost $9 billion in 2025, recently warned that it could run out of money within 12 months.
California lawmakers want schools to include nicotine in drug tests already given to student-athletes, some as young as seventh graders.
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.
Meal kit delivery firm HelloFresh will pay $7.5 million to settle a lawsuit accusing it of misleading customers and making it difficult for them to cancel their subscriptions.
With the help of her daughter and her 5th-grade class, CBS News California (KCAL) Investigative reporter Julie Watts investigates "Sephora Kids" concerns.
A Southern California man has pleaded guilty for his role in a scheme that stole more than $2 million from San Francisco-based food delivery company DoorDash, federal prosecutors said.
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.
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.
A nonprofit that booked a Social Agent said it's a lot cheaper than hiring someone to do their social media full-time. A typical job runs about $200, with same-day delivery, and if clients already have footage, they can upload it and get a finished piece.
A California judge has tentatively stopped the state from canceling commercial licenses for more than 20,000 immigrant truck drivers.
The Fremont factory will still manufacture Model 3 and Y, but the space where Model S and X are made will instead focus on mass production of Tesla's Gen 3 Optimus robots.
John Carlson scored three goals for the first hat trick of his 17-year NHL career, and the Anaheim Ducks snapped their six-game losing streak with an emphatic 6-1 victory over the San Jose Sharks on Thursday night.
LeBron James had 26 points, 11 assists and eight rebounds but didn't get to compete against rival and pal Stephen Curry as the Los Angeles Lakers beat the Golden State Warriors 119-103 on Thursday night.
Global ticket sales for the LA28 Summer Olympic Games officially launched Thursday, marking the first time that worldwide fans of the games can secure their tickets to witness history in 2028.
The NFL is being investigated for practices that allegedly harm consumers for licensing games to multiple platforms — paid streaming platforms, paid cable networks, and others, sources said.
Los Angeles Angels right-hander Robert Stephenson will miss the 2026 season after having ligament and flexor tendon repair surgery.
The rapper formerly known as Kanye West being denied entry into the U.K. has raised questions over the star's upcoming performance in Italy.
A major music festival featuring the rapper formerly known as Kanye West was canceled after the U.K. government blocked Ye from entering the country.
"Beverly Hills, 90210" actress Tori Spelling was involved in a two-car crash in Temecula on Thursday night, according to her manager and Riverside County Sheriff's Office officials.
A federal judge in New York has tossed out actor Blake Lively's sexual harassment claims against actor Justin Baldoni over their roles in the movie "It Ends With Us," but left intact a claim for retaliation.
Atlanta rapper Gucci Mane was lured to a Dallas studio for a meeting, then allegedly kidnapped and robbed by a group including rappers Pooh Shiesty and Big30.
CBS LA has issued a Next Weather Alert through Sunday due to potential rainfall in Southern California. Chloe Carlson reports.
A pursuit suspect fought California Highway Patrol officers on the 405 Freeway after leading police on a pursuit through Orange and Los Angeles counties.
Parents at Chatsworth Park Elementary School are demanding answers after a suspected mold issue raised health concerns and forced a building closure. Luzdelia Caballero reports.
An Ontario mother sued the school district after staff found her son face down in a pool after teachers and aides allegedly left him unattended. Nicole Comstock reports.
A SWAT deputy in Riverside County was caught scrolling on what appeared to be a dating app during a standoff with an armed suspect on Wednesday.
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.
