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.
The man was transported to a local hospital in stable condition.
An investigation found that a dispute between two drivers in the area escalated to one of the drivers firing multiple rounds at the other vehicle, and a nearby residential building was struck by gunfire.
LAPD Chief Jim McDonnell did not clarify if Rihanna, her partner ASAP Rocky, or their three children were inside the home during the shooting.
Omar Alexander Cardenas, 30, allegedly shot and killed Jabali Dumas in Sylmar in 2019 and took an "unlawful flight to avoid prosecution."
The hikers were hoisted to safety after authorities pinpointed their location.
The man was transported to a local hospital in stable condition.
An investigation found that a dispute between two drivers in the area escalated to one of the drivers firing multiple rounds at the other vehicle, and a nearby residential building was struck by gunfire.
LAPD Chief Jim McDonnell did not clarify if Rihanna, her partner ASAP Rocky, or their three children were inside the home during the shooting.
Omar Alexander Cardenas, 30, allegedly shot and killed Jabali Dumas in Sylmar in 2019 and took an "unlawful flight to avoid prosecution."
The hikers were hoisted to safety after authorities pinpointed their location.
An investigation found that a dispute between two drivers in the area escalated to one of the drivers firing multiple rounds at the other vehicle, and a nearby residential building was struck by gunfire.
LAPD Chief Jim McDonnell did not clarify if Rihanna, her partner ASAP Rocky, or their three children were inside the home during the shooting.
The hikers were hoisted to safety after authorities pinpointed their location.
The Culver City Police Department said the federal immigration agents were waiting at the front of the station after officers booked the suspect into jail.
A 23-year-old man faces DUI charges for a crash over the weekend in Porter Ranch, that killed one person and injured two others, according to Los Angeles police.
An Orange County Sheriff's Department deputy has been charged with voluntary manslaughter for fatally shooting her fiancée at their Tustin apartment last year, according to the Orange County District Attorney's Office.
The federal agents and local law enforcement arrested seven people, including someone connected to child sex trafficking.
Police say that a 2003 Ford Mustang crashed into a utility pole in the 11200 block of Western Avenue just after 7 a.m. on Sunday, killing the driver.
The recent warm weather has kicked off Orange County's rattlesnake season a little earlier this year.
Officers said the man jumped out of some bushes to try to kidnap a mother and daughter while also threatening to sexually assault them.
The suspect ran away from the Victorville jewelry store after an employee placed a chain around his neck.
A San Bernardino County teenager was arrested last week for allegedly assaulting a classmate with an airsoft gun and causing significant injuries, according to authorities.
The federal agents and local law enforcement arrested seven people, including someone connected to child sex trafficking.
Firefighters say that the flames extended from a fire at a nearby carport and damaged five units of the apartment complex.
Police say that the 29-year-old Rancho Cucamonga man tried to pull a woman into his car late Saturday night as she was walking in the 2700 block of E. Inland Empire Boulevard in Ontario.
Defense Secretary Pete Hegseth said Tuesday that it would be the "most intense day" of strikes against Iran so far.
A CBS News analysis of records for every hospice operating in Los Angeles County finds indications of fraud are growing.
At a Miami-area news conference Monday, President Trump said he expects the war in Iran to end "very soon," but also called it "the beginning of building a new country."
Food containing norovirus may smell and taste normal but still cause serious illness if consumed, FDA warns.
The U.S. average gas price has jumped 48 cents since last week, with experts predicting that higher fuel costs could persist for months.
Defense Secretary Pete Hegseth said Tuesday that it would be the "most intense day" of strikes against Iran so far.
CBS News California obtained a sworn declaration from Swalwell's landlord supporting his California residency claims, amid concerns that Tom Steyer's petition questioning his eligibility to run for governor publicly exposed Swalwell's home address.
At a Miami-area news conference Monday, President Trump said he expects the war in Iran to end "very soon," but also called it "the beginning of building a new country."
President Trump told CBS News the U.S. war with Iran is "very complete," and said the U.S. "could do a lot" about the Strait of Hormuz.
The preliminary U.S. intelligence assessment suggests that the U.S. is "likely" responsible for the bombing of the girls' school in Iran on Feb. 28.
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.
Food containing norovirus may smell and taste normal but still cause serious illness if consumed, FDA warns.
HHS Secretary RFK Jr. wants the popular coffee chains to prove their surgery drinks are safe for teens and suggested the Trump administration could place limits on your cup of coffee.
Tests of dozens of baby formulas by Consumer Reports found that nearly half contained potentially dangerous chemicals.
A trial has been set in the San Francisco Bay Area for a Florida woman accused of providing a cosmetic injection that killed a woman who was known as a Kim Kardashian lookalike, prosecutors said.
Riverside County health officials have reported the second and third measles cases of the year, which they say could be connected to the county's first case that was reported last week.
A nonprofit that booked a Social Agent said it's a lot cheaper than hiring someone to do their social media full-time. A typical job runs about $200, with same-day delivery, and if clients already have footage, they can upload it and get a finished piece.
A California judge has tentatively stopped the state from canceling commercial licenses for more than 20,000 immigrant truck drivers.
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.
Kawhi Leonard scored 29 points, Bennedict Mathurin added 28 points, and the Los Angeles Clippers beat the New York Knicks 126-118 on Monday night to climb back to .500 for the first time since early November.
Kolar, 27, had 30 receptions for 409 yards and four touchdowns in four years with the Baltimore Ravens.
Adrian Kempe scored his second goal of the game with 1:26 left in overtime to give the Los Angeles Kings a 5-4 win over the Columbus Blue Jackets.
Joel Hofer made 22 saves for his fifth shutout of the season, Jonathan Drouin scored in his Blues debut and St. Louis beat the Anaheim Ducks 4-0 on Sunday night to sweep a four-game trip.
Trent McDuffie and the Los Angeles Rams are closing in on a contract extension that will make him the highest-paid cornerback in NFL history.
A woman was arrested on Sunday for firing multiple shots at the Beverly Hills home of Rihanna, Los Angeles Police Department officials say.
Along with the "True Lies" co-stars, the California Hall of Fame's new inductees will include Olympians Carl Lewis and Janet Evans and Mariachi Reyna de Los Ángeles.
A trial has been set in the San Francisco Bay Area for a Florida woman accused of providing a cosmetic injection that killed a woman who was known as a Kim Kardashian lookalike, prosecutors said.
Hillary Knight, Megan Keller and Jack and Quinn Hughes made a surprise appearance during "Heated Rivalry" star Connor Storrie's opening monologue on "SNL."
Shia LaBeouf, who was charged with battery after police say he punched several people outside a New Orleans bar earlier this month, was arrested again on Saturday.
Candace Redd, Senior Public Affairs Specialist, Auto Club of Southern California, discusses the causes of the recent gasoline price spike.
UCLA Political Science Professor Ben Radd discusses the latest on the Iran war as Tuesday is said to be the "most intense day" of strikes so far, according to Defense Secretary Pete Hegseth.
Tuesday will be the coolest day of the week in Southern California. There will be an increasing sea breeze that will lower temperatures a bit. The big warm-up will come toward the end of the week with conditions reaching the 90s.
Desmond Shaw flies to downtown Los Angeles for tonight's Look At This!
On Monday, President Trump said the war with Iran would end soon, but did not provide a solid timeline. Many Iranian Americans shared their concerns about the path toward peace. Tom Wait and Laurie Perez reports.
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.
