The Consumer Financial Protection Bureau will reportedly push banks to reimburse customers who lose their money through scams on apps like Paypal, Venmo and Zelle.
BuzzFeed senior Investigative reporter Jason Leopold talks about how and why banks have allegedly let trillions of ill-gotten money pass through their hands without taking action.
Author Frank Abagnale, a former con man and subject of the 2002 Steven Spielberg movie “Catch Me If You Can,” explains there are a few common red flags to help you determine if the person calling you is a scammer.
Suspicious or unusual bank activity can often signal a scam; but should a teller be able to monitor a long-time account holder’s ledger activity to flag a possible scam?