Menendez, Colleagues Urge Regulators to Hold Zelle Accountable for Inadequate Protections to Stop Fraudulently Induced Payments to Crooks
March 04, 2023
March 04, 2023
WASHINGTON, March 4 -- Sen. Robert Menendez, D-New Jersey, issued the following news release on March 3, 2023, and letter:
U.S. Senator Bob Menendez (D-N.J.), alongside Sens. Jack Reed (D-R.I.), Elizabeth Warren (D-Mass.), Sherrod Brown (D-Ohio), and Mark Warner (D-Va.), led an effort urging financial institutions and regulators to help people keep their hard-earned cash safe from fraud and scams, especially as scammers find new ways and employ sophisticated schemes to dupe customer . . .
U.S. Senator Bob Menendez (D-N.J.), alongside Sens. Jack Reed (D-R.I.), Elizabeth Warren (D-Mass.), Sherrod Brown (D-Ohio), and Mark Warner (D-Va.), led an effort urging financial institutions and regulators to help people keep their hard-earned cash safe from fraud and scams, especially as scammers find new ways and employ sophisticated schemes to dupe customer . . .