JPMorgan Chase, Bank of America and Wells Fargo Customers Lose $456,000,000 in One Year To ‘Dirty Little Secret Called Zelle’: Senate Committee Chairman – The Daily Hodl
JPMorgan Chase, Bank of America and Wells Fargo are failing to protect customers from hundreds of millions of dollars in scams and fraud per year, according to a US Senate panel. At a hearing held by the Permanent Subcommittee on Investigations, Democratic Senator and Chairman Richard Blumenthal said the banking giants’ customers submitted claims to recover $456 …