Tuesday, February 11, 2025

DOGE CFPB shutdown could open the door to scammers

Pending suits include one against JPMorgan, Bank of America and Wells Fargo over alleged fraud on the Zelle payment network. 

Another case is pending against a bank that helps disburse payments to unbanked Social Security recipients. Comerica is accused of charging them unnecessary fees, among other things. 

There's also a suit charging the credit bureau Experian with failing to remove errors on people's credit reports — a move that can leave affect people's ability to land jobs, get mortgages or rent apartments...

https://www.axios.com/2025/02/10/doge-trump-cfpb-scammers


 

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