Federal authorities are investigating how banks reimburse consumers who are scammed on Zelle.
Zelle says it should fall on law enforcement to stop the scammers.
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AdvertisementScams on payment apps like Zelle are getting so out of hand that federal authorities are starting to investigate.
Persons:
—, JP, Wells Fargo, Zelle —, Sen, Richard Blumenthal, Blumenthal
Organizations:
Service, Consumer Financial Protection Bureau, JP Morgan, Bank of America, Investigations, Business
Locations:
Zelle