Case of interest where Federal District Court ruled that financial institution does not have to reimburse a customer after they were tricked into doing Zelle transfers
It’s a tale as old as time – Plaintiff receives a voicemail from someone purporting to be an agent of her utility company requesting payment through Zelle for an overdue bill. After being misled by the scammers, Plaintiff authorizes Zelle to transfer funds. The scammers trick her to send additional Zelle transfers. The next day, Plaintiff […]