June 16, 2022
When a consumer suffers fraud through the most common forms of money transfers—via debit card, credit card, or check—banks have ways to recover money for the consumer. This class action concerns the Zelle system, and the fact that there is no way to recover money transferred that way in cases of fraud. The complaint bring suit against Bank of America, NA (BOA) for not warning consumers when they sign up for Zelle.
Case Event File: BOA No Refund of Fraudulent Zelle Transfers Amended ComplaintRelated to: BOA No Refund of Fraudulent Zelle Transfers Class Action