Wells Fargo
CFPB Backs Down: No Lawsuit for JPMorgan, BofA, and Wells Fargo Over Zelle Fraud
Anthony Lane
The CFPB has dropped its lawsuit against JPMorgan Chase, Bank of America, and Wells Fargo over Zelle fraud, sparking concerns about consumer protection. With over $870 million lost to scams since 2017, experts warn that P2P payments remain risky. Learn how to protect yourself, what the CFPB’s decision means, and what to do if you’re a victim of fraud. Read the full breakdown here.
