New York's attorney general has filed a lawsuit against Zelle's for negligence in protecting consumers by allowing more than $1 billion in theft.
Ana-Maria Tapescu
International
Foto: Patrick Sison / AP / Profimedia
Always see our news on Google
New York Attorney General Letitia James has filed a lawsuit against payments platform Zelle, accusing it of ignoring essential security measures and facilitating massive thefts of consumer funds. The complaint details instances of fraud, including unauthorized transfers and scams involving fictitious goods. Zelle denies the allegations, saying most transactions are fraud-free, but has recently implemented security measures under pressure from authorities. The lawsuit seeks stronger anti-fraud protections and compensation for victims.
Sources
Statul New York dă în judecată platforma de plăţi electronice Zelle, acuzând deficienţe de securitate care au permis fraude de peste 1 miliard de dolari
NY attorney general sues Zelle's parent company after Trump administration drops similar case
New York dă în judecată Zelle, acuzând lipsuri în securitate și fraude de peste 1 miliard de dolari
Latest News
11:40
ARSVOM has resumed the search for the sailor who fell overboard from the fishing vessel SEA Angel 1
11:30
Firefighters from Vânju Mare, Mehedinți, extinguished a fire that broke out in an apartment; the building’s roof was affected, and 12 people were evacuated
11:20
National Trade Register Office: Registrations of individuals and legal entities decreased by 8.94% in the first nine months of 2026
10:57
The Prosecutor General’s Office and the Romanian Police are preparing 17 operations and 71 searches on Saturday as part of Operation “Jupiter”
10:45
Nvidia chief suspected of ties to an alleged Chinese spy
See more news
NEWS ON THE SAME TOPICS
Personalized news feed, AI-powered search, and notifications in a more interactive experience.
