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Wells Fargo failing to protect customers as Zelle scams soar, Sen. Warren charges in letter

Por: MarketWatch Business October 14, 2022

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Data, in some cases sourced by Warren’s repeat requests, suggests that hundreds of thousands of defrauded customers have had little recourse for recovering stolen cash. By constrast, credit card fraud is typically covered by the card issuers. Across all banks and credit unions, Zelle users sent 1.8 billion payments last year, totaling $490 billion. Warren and other, mostly Democratic senators, grilled bank leaders at a Senate Banking Committee... + full article



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