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
22:50
German Foreign Minister warns that the Black Sea is becoming a theater of war after attacks on commercial vessels
22:36
EU signs new European protocol on the cross-border confiscation and recovery of criminal assets
22:24
The EU adopts new control rules for sprat and turbot fishing in the Black Sea
22:20
Mobility shifts medical staff between states but does not resolve the EU-wide shortage. Romania remains one of the main countries of origin
22:16
The Railway Reform Authority has designated Siemens Mobility as the winner for 23 electric locomotives, under a contract worth over 764 million lei
See more news
NEWS ON THE SAME TOPICS
Personalized news feed, AI-powered search, and notifications in a more interactive experience.
