
New York AG sues Zelle dad or mum firm, alleging shortcomings allowed scammers to steal $1 billion
New York Legal professional Common Letitia James filed a lawsuit Wednesday in opposition to Early Warning Providers, or EWS, alleging the dad or mum firm of Zelle did not implement sure safeguards, inflicting “catastrophic hurt to tens of millions of shoppers” and permitting fraudsters to steal greater than $1 billion from 2017 to 2023. EWS,…