Elizabeth Warren Singles Out Wells Fargo for ‘Alarming Pattern’ of Zelle Fraud
Posted inBanking and Financial Institutions Consumer Financial Protection Bureau Consumer Protection Frauds and Swindling Mobile Commerce and Payments Regulation and Deregulation of Industry Scharf, Charles W Senate Warren, Elizabeth Wells Fargo & Company

Elizabeth Warren Singles Out Wells Fargo for ‘Alarming Pattern’ of Zelle Fraud

Customers’ claims have risen sharply in recent years and exceed the rate reported by other large banks, the senator said in a letter to the bank’s leader.