Consumer fraud is on the rise. “The FTC recently released data that shows consumers lost $8.8 billion last year to fraud, a 30% increase from the year prior,” said Debt.com chairman Howard ...
Houston Women Lose Thousands 💸In a shocking turn of events, two Houston women fell victim to a massive Zelle scam that ...
SPRING BRANCH – Millions of people use Zelle, the money transfer service, to send money electronically instead of using cash or checks. Many individuals have Zelle accounts through major banks ...
SAN FRANCISCO (KGO) -- Scams have flourished on the popular Zelle quick pay app over the past two years. In response, Zelle pledged to tighten security -- and even reimburse customers who fall ...
On February 15, Senators Sherrod Brown (D-OH), Jack Reed (D-RI) and Elizabeth Warren (D-MA) sent a letter to Zelle seeking clarification of its reimbursement policy for victims of imposter scams.
A big banking industry group, not surprisingly perhaps, suggests that consumers stop writing paper checks to stamp out the ...
JPMorgan Chase reportedly refuses to reimburse a customer who says she warned the bank of suspicious activity – and then ...
Not long ago, the idea that a former president—or a major-party presidential nominee—would face serious legal jeopardy was nearly unthinkable. Today, merely keeping track of the many cases ...
FedNow allows consumers to send and receive instant payments directly from their bank account. Here’s how it stacks up to ...
Venessa Dikousman thought she’d adequately checked to make sure the man calling her cell phone in November 2023 wasn’t a scammer. The man said he was a Wells Fargo representative, knew her ...
The former president was found to have defrauded lenders. Donald Trump ordered to pay $354 million fine in civil fraud trial Former President Donald Trump has been fined $354.8 million plus ...
Opinions expressed by Forbes Contributors are their own. I am an author, speaker and journalist. Scam victims often don’t know they are being swindled. Maybe they are trusting souls or just fall ...