I, like millions of other consumers, have a relationship with Bank of America, so it would have been easy to believe the email was legitimate. But it was a scam, and several things gave it away.

The Justice Department is seeking $1 billion from Bank of America, alleging the bank committed fraud by selling defective mortgages from a program it says was known within the bank as "the Hustle." ...

The fraud was traced back to a security ... After reporting the incident, Chan said he believed Bank of America failed to respond appropriately. The bank initially claimed the transactions ...

After relaying the incident to the ... it’s a very sophisticated scam.” “This is what you need to watch out for: They can make their number look like Bank of America,” Denman explained.

NEW YORK Bank of America (BAC), accused of lying about the quality of mortgages it passed along to financial firms Fannie Mae and Freddie Mac, was found liable for fraud on Wednesday in a civil ...

As for Friedman, she reported the fraud to police and Bank of America and despite trying for months to get her money back, her claim was denied. But after the I-Team started asking questions ...

RALEIGH, North Carolina (WTVD) -- A Bank of America (BOA) phishing scam is making its way back onto the screens of mobile users. Raleigh resident Yanon Gray reached out to ABC11 after he received ...

A federal agency is suing three of the America’s largest banks for not protecting customers from fraud ... bank said more than 99.5% of transactions across the Zelle network happened without ...

Both suits said the banks marketed Zelle as safe without sufficiently warning customers about fraud risks. Bank of America on Monday declined to comment on the lawsuit it faces or its allegations.

Wells Fargo, JP Morgan Chase and Bank of America are being sued by the embattled Consumer Financial Protection Bureau over alleged unchecked fraud on the Zelle payment app — setting up a legal ...

For its part, Bank of America asserted that incidents of fraud are rare and that 23 million ... across the Zelle network go through without incident. When a client has an issue, we work directly ...