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Anne Marie D. Lee is an editor for CBS MoneyWatch. She writes about topics including personal finance, the workplace, travel and social media. Block, the parent company of popular online payment ...
It was often the last line in Cash App fraud stories Channel 2 Action News has reported over the years: Cash App closed the case without repaying the money. That’s what happened in 2024 when $ ...
Two former police officers in Maryland used their badges to file fake theft reports, vandalize cars, and collect payouts—with ...
Block, the parent company of popular online payment service Cash App, has been ordered by a federal agency to pay as much as $175 million because of repeated failures by the financial services ...
Cash App's investigations of fraud and unauthorized transactions were "woefully incomplete ... protect customers and issue refunds for unauthorized transfers but in many cases it "did not actually ...
When users reported fraud transactions to Cash App, instead of investigating the ... The authorities said that was not the case. Lena Anderson, a spokeswoman for Block, confirmed that the company ...
Cash App-owner Block must offer up to $120 million in refunds to consumers who federal regulators say were exposed to potential fraud ... Toms has more on the case. Users of the electronic ...
Cash App users who were victims of fraud may have money coming their way ... there's no action you need to take to request a refund. In most cases, companies pay the CFPB, and then the federal ...