NEW YORK (PIX11) -- New York's top lawyer it taking the company behind Zelle to court for what she calls "enabling widespread fraud."

Attorney General Tish James has accused the company, Early Warning Services, LLC (EWS), of failing to protect Zelle users from massive amounts of fraud, the suit states.

An investigation by the AG's office alleges that Zelle lacked critical safety features, allowing scammers to steal more than $1 billion from users of the money transferring app between 2017 and 2023.

“No one should be left to fend for themselves after falling victim to a scam,” said James in a statement. “I look forward to getting justice for the New Yorkers who suffered because of Zelle’s security failures.”

James says major banks such as JPMorgan Chase, Bank of America, Capital One and

See Full Page