Feds sue Zelle, alleging nation's biggest banks failed to stop fraud
Government watchdog claims Americans lost hundreds of millions to fraud related to the bank-operated mobile payments network.
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Government watchdog claims Americans lost hundreds of millions to fraud related to the bank-operated mobile payments network.
More than 100,000 people will be compensated for the bank's faulty fraud detection program, which froze customer accounts.
According to police, the suspect robbed a Bank of America on Summit and Beech Avenues in Fontana at about 1:20 p.m. before running out of the bank and across a parking lot into a nearby Wendy's.
Customers took to social media to say they were unable to access their accounts either through the app, at ATMs or in Bank of America branches.
Michelle Avan was a senior vice president with Bank of America, working to recruit women and under-represented employees globally. She was profiled by Essence magazine in 2017.
The injunction forces Bank of America to unfreeze accounts and reopen investigations into stolen unemployment benefits issued on prepaid bank debit cards. The bank was also ordered to improve its customer service.
The California Employment Development Department says it has resolved 95% of its backlogged claims, but said that only Bank of America could resolve the fraud claims.
A class action lawsuit has been filed against Bank of America alleging that it hasn't done enough to protect unemployment accounts from fraud.
Last week, Bank of America estimated that $2 billion had been stolen from California EDD accounts.
Gov. Gavin Newsom's office said it was working with Bank of America and EDD to check on the fraud claims, though it could not immediately confirm the $2 billion figure released by the bank.
Thousands on unemployment are still unable to access their benefits due to an ongoing fraud scheme involving Bank of America
Thousands of Californians who get their EDD benefits are struggling to get answers after BofA froze nearly 350,000 accounts due to suspected fraud.
An hours long standoff in South Gate shutdown tweedy boulevard as police surrounded an armored truck outside this Bank of America.
Police had two suspects in custody following a robbery attempt at a Bank of America in Glendale.
Jugging is a growing crime that targets customers who have just left a bank or ATM with a large amount of cash.
Detectives would only say the man was in his late 30s and was shot once in the chest.
Bank of America says it plans to stop lending money to gunmakers who produce military-style firearms for civilians.
Strangely, the man's money and mobile phone were not taken, police say.
The Bank of America will pay $1.9 million to settle a government lawsuit alleging it took too long to inform customers that their phone calls were being recorded.
Bank of America is reportedly set to fire as many as 8,000 employees within its retail banking division.
Deputies on Friday announced the arrest of a 21-year-old man suspected of robbing a bank in Orange County.
A former armored truck driver faces federal prison time when he is sentenced Tuesday for his role in the theft of more than $1 million in cash that was part of a shipment he was transporting for Bank of America last year.
The object was actually a massage ball and some batteries wrapped in plastic.
Detectives Thursday warned the public of a skimming device that was placed above an ATM keypad in Beverly Hills.
Attorneys for one of the NFL's highest-paid defensive players announced a lawsuit Tuesday alleging Bank of America "aided and abetted" a fraud scheme that cost him $20 million.
Throughout the week, goats will graze 20 acres of dry brush on the hillsides of the Verdugo Mountains park, including the slopes that lead to homes on Las Flores Drive
Some customers are glad the store reopened because of what it means to the community, but others aren't sure whether they'd feel safe eating there again.
A review of Wasserman's relationship with Epstein and Maxwell found that he flew on Epstein's plane on a humanitarian mission to Africa.
"Dawson's Creek" and "Varsity Blues" star James Van Der Beek has died at 48 years old.
The San Fernando Valley couple said they received two IRS 1099 tax forms indicating that someone had earned thousands of dollars working for Uber using the husband's name and Social Security number.
Throughout the week, goats will graze 20 acres of dry brush on the hillsides of the Verdugo Mountains park, including the slopes that lead to homes on Las Flores Drive
Some customers are glad the store reopened because of what it means to the community, but others aren't sure whether they'd feel safe eating there again.
A review of Wasserman's relationship with Epstein and Maxwell found that he flew on Epstein's plane on a humanitarian mission to Africa.
"Dawson's Creek" and "Varsity Blues" star James Van Der Beek has died at 48 years old.
Many Southern California communities experienced nearly 1 inch of rainfall overnight.
Throughout the week, goats will graze 20 acres of dry brush on the hillsides of the Verdugo Mountains park, including the slopes that lead to homes on Las Flores Drive
Some customers are glad the store reopened because of what it means to the community, but others aren't sure whether they'd feel safe eating there again.
The San Fernando Valley couple said they received two IRS 1099 tax forms indicating that someone had earned thousands of dollars working for Uber using the husband's name and Social Security number.
CBS LA has also issued a Next Traffic Alert to warn drivers about the impact on their commute.
Mario Edgardo Garcia-Aquino, 43, was charged with a missing teen's murder in 2025. He now faces nine child sexual abuse charges.
Newport Beach city leaders are set to implement stiffer fines and add extra police to crack down on the spring break partiers this year after receiving complaints of underage drinking and unruly parties from residents.
Police arrested a man allegedly tied to a string of bronze plaque thefts in four Orange County cities.
An Orange County woman wound up in the middle of the romance scam that has cost another woman at least $100,000.
A beloved Los Angeles taco shop, an Orange County boy being gifted a Grammy and a Southern California couple getting married on sports' biggest stage were among the ties connecting the Super Bowl halftime show to The Southland.
Showers are expected to hit most of Southern California on Tuesday afternoon.
An Orange County woman wound up in the middle of the romance scam that has cost another woman at least $100,000.
A Southern California man who was "acting as an illegal agent of the People's Republic of China" while working as a political advisor for a San Bernardino County politician was sentenced to four years in prison on Monday, according to the U.S. Department of Justice.
A beloved Los Angeles taco shop, an Orange County boy being gifted a Grammy and a Southern California couple getting married on sports' biggest stage were among the ties connecting the Super Bowl halftime show to The Southland.
Showers are expected to hit most of Southern California on Tuesday afternoon.
A Chino family is demanding answers after their Nicaraguan mother, who was awaiting an outcome in her asylum case, was detained by federal immigration agents in January.
"Dawson's Creek" and "Varsity Blues" star James Van Der Beek has died at 48 years old.
The Federal Aviation Administration changed course and said flights would resume after halting all air traffic into and out of El Paso.
Nancy Guthrie, the mother of "Today" show co-host Savannah Guthrie, was reported missing on Feb. 1 and ransom notes were being investigated.
A 14-year-old girl said she was "crying" and "struggling to breathe" when law enforcement officers herded her onto a racetrack with other detainees and zip-tied her hands.
FBI Director Kash Patel posted videos of a person outside the home of Nancy Guthrie, the mother of Savannah Guthrie, on the morning of her disappearance.
A federal grand jury refused to indict six Democrats who drew President Trump's ire by taping a video telling members of the military that they must reject "illegal orders," three sources told CBS News.
A 14-year-old girl said she was "crying" and "struggling to breathe" when law enforcement officers herded her onto a racetrack with other detainees and zip-tied her hands.
Democratic leaders a say White House proposal doesn't make the grade as they demand new restrictions on ICE and threaten a shutdown of the Homeland Security Department.
The Los Angeles County Board of Supervisors on Tuesday will consider a motion that would increase the sales tax by a half-cent in order to cover the massive healthcare funding cuts made by the Trump administration.
As the deadline approaches for Gov. Gavin Newsom's executive order mandating California state workers return to in-person work four days a week, there is a new bipartisan effort to change state law and allow the current telework structure to continue.
San Francisco officials said Tuesday that the city has filed a lawsuit against leading manufacturers of ultra-processed foods, accusing them of producing products linked to serious health issues and alleging that the companies knowingly made the foods addictive.
A bill that would reverse a 25% tax increase on California's legal cannabis industry is heading to Gov. Gavin Newsom's desk, after being approved by the legislature.
Meal kit delivery firm HelloFresh will pay $7.5 million to settle a lawsuit accusing it of misleading customers and making it difficult for them to cancel their subscriptions.
With the help of her daughter and her 5th-grade class, CBS News California (KCAL) Investigative reporter Julie Watts investigates "Sephora Kids" concerns.
A Southern California man has pleaded guilty for his role in a scheme that stole more than $2 million from San Francisco-based food delivery company DoorDash, federal prosecutors said.
Health officials say that an unvaccinated minor visited the Walmart Supercenter in Ontario on Jan. 29.
Health officials said that the traveler arrived at LAX's Tom Bradley International Airport Terminal on a Viva Aerobus Flight on Jan. 26.
Orange County health officials have confirmed their second measles case of 2026 in an international traveler who arrived in California at Los Angeles International Airport before visiting Disneyland and California Adventure last week.
Millions of people with an Affordable Care Act health plan face a massive jump in premiums next year — this chart shows just how much.
"I don't know how I'm going to pay for this," said one person with an Affordable Care Act plan that will cost her $1,100 a month starting in January.
The Fremont factory will still manufacture Model 3 and Y, but the space where Model S and X are made will instead focus on mass production of Tesla's Gen 3 Optimus robots.
About 30% of San Francisco was without power at the height of the outage, according to utility provider PG&E.
The DMV said it is giving Tesla Motors 60 days to address its misleading use of "autopilot," or it could have its dealer license temporarily suspended.
California is set to join a growing list of states banning the practice of cat declawing, under a new law taking effect in January.
San Francisco officials said Tuesday that the city has filed a lawsuit against leading manufacturers of ultra-processed foods, accusing them of producing products linked to serious health issues and alleging that the companies knowingly made the foods addictive.
Victor Wembanyama scored 37 of his season high-tying 40 points in the first half and the San Antonio Spurs beat the short-handed Los Angeles Lakers 136-108 for their fifth straight victory.
Kevin Durant scored 26 points and Alperen Sengun added 22 to help the Houston Rockets to a 102-95 victory over the Los Angeles Clippers.
Right tackle Rob Havenstein is retiring after an 11-year career with the Rams.
Ben Ogden of Team USA won the silver medal in the cross-country sprint Tuesday at the Winter Olympics in Italy.
The Oklahoma City Thunder snapped their two-game skid with a 119-110 victory over the Los Angeles Lakers.
"Dawson's Creek" and "Varsity Blues" star James Van Der Beek has died at 48 years old.
The 31-year-old Puerto Rican artist Bad Bunny took the stage on Sunday dressed in all white, donning a jersey with his last name, Ocasio, and the number 64.
Reactions poured in when Bad Bunny was named Super Bowl halftime headliner, with some praising and others criticizing the choice.
Brad Arnold, the founder and lead singer of the 3 Doors Down has died following "his courageous battle with cancer," the rock band announced Saturday on social media.
Bad Bunny took the stage at halftime for the 2026 Super Bowl. Here's who else performed at Super Bowl 60.
Lido Marina Village's Director of Marketing, Michelle St. Amour, shares how you can have the ultimate Valentine's Day date night with Dock & Dine.
A 99 Ranch Market has reopened nearly a week after a deadly crash that killed three people and injured six others. Some customers said they are glad it is reopening but aren’t sure they’ll ever feel comfortable eating inside again.
A San Fernando Valley couple says an Uber driver stole the husband's identity to sign up for the ride-sharing platform, raising questions about public safety and how thoroughly drivers are vetted.
Dr. Theresa Price, National College Resources Foundation founder, talks about the upcoming Black College Expo., with on-the-spot college acceptance.
Tatiana Roberts, Chase Community manager, discusses romance scams and AI.
Widely considered the greatest architect of his time, Frank Gehry helped shape Los Angeles' skyline.
A suspect was taken into custody after an attack on Pearl Street Mall in Boulder on June 1 in which there were 15 people and a dog who were victims. The suspect threw Molotov cocktails that burned some of the victims, who were part of a march for Israeli hostages.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
The Franklin Fire in Malibu quickly grew overnight and threatened several homes. Evacuation orders were issued and Pepperdine University instructed students to shelter in place.
Several people have been injured and multiple homes burned after the Mountain Fire broke out Wednesday morning in Ventura County, burning over 10,000 acres within hours.
