Bank of America fined $225 million for botching pandemic aid
More than 100,000 people will be compensated for the bank's faulty fraud detection program, which froze customer accounts.
More than 100,000 people will be compensated for the bank's faulty fraud detection program, which froze customer accounts.
According to police, the suspect robbed a Bank of America on Summit and Beech Avenues in Fontana at about 1:20 p.m. before running out of the bank and across a parking lot into a nearby Wendy's.
Customers took to social media to say they were unable to access their accounts either through the app, at ATMs or in Bank of America branches.
Michelle Avan was a senior vice president with Bank of America, working to recruit women and under-represented employees globally. She was profiled by Essence magazine in 2017.
The injunction forces Bank of America to unfreeze accounts and reopen investigations into stolen unemployment benefits issued on prepaid bank debit cards. The bank was also ordered to improve its customer service.
The California Employment Development Department says it has resolved 95% of its backlogged claims, but said that only Bank of America could resolve the fraud claims.
A class action lawsuit has been filed against Bank of America alleging that it hasn't done enough to protect unemployment accounts from fraud.
Last week, Bank of America estimated that $2 billion had been stolen from California EDD accounts.
Gov. Gavin Newsom's office said it was working with Bank of America and EDD to check on the fraud claims, though it could not immediately confirm the $2 billion figure released by the bank.
Thousands on unemployment are still unable to access their benefits due to an ongoing fraud scheme involving Bank of America
Thousands of Californians who get their EDD benefits are struggling to get answers after BofA froze nearly 350,000 accounts due to suspected fraud.
An hours long standoff in South Gate shutdown tweedy boulevard as police surrounded an armored truck outside this Bank of America.
Police had two suspects in custody following a robbery attempt at a Bank of America in Glendale.
Jugging is a growing crime that targets customers who have just left a bank or ATM with a large amount of cash.
Detectives would only say the man was in his late 30s and was shot once in the chest.
Bank of America says it plans to stop lending money to gunmakers who produce military-style firearms for civilians.
Strangely, the man's money and mobile phone were not taken, police say.
The Bank of America will pay $1.9 million to settle a government lawsuit alleging it took too long to inform customers that their phone calls were being recorded.
Bank of America is reportedly set to fire as many as 8,000 employees within its retail banking division.
Deputies on Friday announced the arrest of a 21-year-old man suspected of robbing a bank in Orange County.
A former armored truck driver faces federal prison time when he is sentenced Tuesday for his role in the theft of more than $1 million in cash that was part of a shipment he was transporting for Bank of America last year.
The object was actually a massage ball and some batteries wrapped in plastic.
Detectives Thursday warned the public of a skimming device that was placed above an ATM keypad in Beverly Hills.
Attorneys for one of the NFL's highest-paid defensive players announced a lawsuit Tuesday alleging Bank of America "aided and abetted" a fraud scheme that cost him $20 million.
Detectives sought the public's help Friday in locating a suspect accused of robbing a man at an ATM.
The California Highway Patrol was in pursuit of a DUI driver near Compton.
Police requested an ambulance for an injured officer following a brawl near Slauson Recreation Center.
The Murrieta Valley Board of Education voted on Friday to keep its controversial parental notification policy, defying a state order to rescind it.
The Los Angeles Police Department needs help finding both the suspect and the victims involved in a hit-and-run crash during a street takeover.
Police were in pursuit of a stolen vehicle driver near South Los Angeles.
The California Highway Patrol was in pursuit of a DUI driver near Compton.
Police requested an ambulance for an injured officer following a brawl near Slauson Recreation Center.
The Murrieta Valley Board of Education voted on Friday to keep its controversial parental notification policy, defying a state order to rescind it.
The Los Angeles Police Department needs help finding both the suspect and the victims involved in a hit-and-run crash during a street takeover.
Police were in pursuit of a stolen vehicle driver near South Los Angeles.
Police requested an ambulance for an injured officer following a brawl near Slauson Recreation Center.
The Los Angeles Police Department needs help finding both the suspect and the victims involved in a hit-and-run crash during a street takeover.
Police were in pursuit of a stolen vehicle driver near South Los Angeles.
The administration had initially slated "Crazy Rich Asians" director Jon M. Chu as the commencement speaker.
The streets of downtown Long Beach have converted to a 1.97 mile, 11-turn racecourse, and Friday, the qualifying and practice sessions kick things off.
The California Highway Patrol was in pursuit of a DUI driver near Compton.
At a time when other transportation agencies are cutting routes and budgets, Irvine launched this one-year, $4 million free bus ride pilot program.
Anaheim police arrested a 20-year-old man and a 17-year-old on Thursday for the deadly shooting of a 13-year-old boy.
The person was hospitalized in unknown condition after a shooting in the 2800 block of Ball Road.
The highly controversial DisneylandForward proposal to expand the world-famous park and bring with it nearly $2 billion in new rides, attractions, restaurants and shops was given a key green light by the Anaheim City Council after an hours-long, heated meeting.
The Murrieta Valley Board of Education voted on Friday to keep its controversial parental notification policy, defying a state order to rescind it.
The Department of Justice said the men identified as "Three Percenters," described as an antigovernment group by the Southern Poverty Law Center.
The goats were taken late Monday evening. Farm workers say that all of them were either pregnant or now leave babies behind during a crucial point in their young lives.
Deputies arrested the man after witnessing him performing driving stunts with a 3-year-old child in the back of his vehicle.
While thousands of teachers face the looming threat of layoffs across California, one Inland Empire school district is looking to create an employment trend in the opposite direction.
"No teacher should have to lie as part of their job". Ross Palombo talks to a teacher in the Los Angeles Unified School who says he was told to lie about class attendance, which is how the state calculates funding from your tax dollars.
The CDC recommends that at least 95% of students have the MMR vaccine in order to lower the risk of measles outbreaks at their school, but a recent KCAL News investigation shows that hundreds of SoCal schools are well below that number.
For months, migrants have arrived in Los Angeles on controversial buses chartered from Texas. With a lack of coordination from the Lone Star state, community groups stepped in to help bring things under control and helped hundreds across Southern California.
KCAL senior reporter Ross Palombo gets an unprecedented look into the tactics the LAPD uses to stop retail theft.
A federal court ruling involving a controversial arrest within Moreno Valley Unified School District could lead to big changes in school policies nationwide.
A person self-immolated at a park across from the courthouse where former President Donald Trump's New York criminal trial is taking place.
The singer was found deceased at her home, a representative said.
The MY 2024 Cybertrucks have faulty accelerator pedals that may be dislodged when high force is applied, the company said.
The jury selection process in former President Donald Trump's New York trial came to a close on Friday, part of a flurry of activity that marked the end of a dizzying first week.
A disappearing lizard population in the mountains of Arizona shows how climate change is fast-tracking the rate of extinction.
A person self-immolated at a park across from the courthouse where former President Donald Trump's New York criminal trial is taking place.
The jury selection process in former President Donald Trump's New York trial came to a close on Friday, part of a flurry of activity that marked the end of a dizzying first week.
Two U.S. officials tell CBS News an Israeli missile has hit Iran in apparent retaliation for the recent drone and missile attack on the Jewish state.
Twelve people have been selected to serve as jurors in former President Donald Trump's criminal trial in New York, filling out the panel on the third day of proceedings.
The Senate's 51-member Democratic majority voted to dismiss both charges as unconstitutional over the objections of Republican members.
Target, looking for ways to add sales, is relaunching its Target Circle loyalty program including a new paid membership with unlimited free same-day delivery in as little as an hour for orders over $35.
When, who and how much to tip is becoming more of a question in consumers' minds.
One in four college students says they have credit card debt, according to a new survey by U.S. News and World Report. And with interest rates topping 20 percent, those students could be in debt for years. On Your Side's Kristine Lazar has more on the biggest mistakes college students are making with their credit cards.
Fewer than a third of Americans have a will. Experts say that could lead to confusion and money loss when someone dies without one. On Your Side's Kristine Lazar has expert tips on who needs a will and how to create one.
Choosing random numbers increases your chances of not having to split the prize money should you win.
California law says genetic testing companies have to get your permission before they store, use or sell your DNA, but the state itself doesn't have to get your permission and has been storing DNA samples from every baby born there since the '80s. Lawmakers want to change that, but face an uphill battle.
Fentanyl test strips used to be illegal in California. Now, state law requires them on community and state college campuses and they're popping up everywhere from vending machines to bars. They're intended to help young people avoid fentanyl-laced counterfeit prescription pills and tainted recreational drugs. But as fentanyl test strips are normalized – from high school to college to bachelor parties – experts warn test strips alone can provide a false sense of security, and in some cases do more harm than good. We put fentanyl test strips to the test, and what we found could save someone you know.
Dr. Gary Gibbon is now cancer-free, six months after the first-ever lung-liver transplant on a cancer patient.
Preventative chemotherapy, which is usually referred to as "adjuvant chemotherapy," is an early treatment that is used to reduce the chances of cancer returning.
Actress Olivia Munn's cancer diagnosis is raising awareness for women to seek additional screening for breast cancer after her traditional testing failed to show any signs.
Robotaxis are hitting the streets of Los Angeles.
Disney is seeking approval from local officials to expand its California theme park offerings over the next four decades.
Target, looking for ways to add sales, is relaunching its Target Circle loyalty program including a new paid membership with unlimited free same-day delivery in as little as an hour for orders over $35.
Southern California Edison will pay $80 million to settle claims on behalf of the U.S. Forest Service connected to a massive wildfire that destroyed more than a thousand homes and other structures in 2017.
As he closes in on the Republican presidential nomination, former President Donald Trump made a highly unusual stop.
Carter won the Stanley Cup twice during his career while playing for the Penguins, Kings, Blue Jackets, and Flyers.
Anthony Rendon and Taylor Ward hit run-scoring singles off struggling closer Pete Fairbanks in the ninth inning and the Los Angeles Angels beat the Tampa Bay Rays 5-4.
CJ Abrams homered in the first at-bat of the game and the Washington Nationals beat the Los Angeles Dodgers 2-0 to take the series.
Jontay Porter is the second person to be banned from the league for violating league rules after now-former Los Angeles Clippers owner Donald Sterling in 2014.
Mookie Betts tied his career high with five hits, doubling twice and driving in two runs to lead the Los Angeles Dodgers 6-2.
The singer was found deceased at her home, a representative said.
Anticipation was growing at a fever pitch before Taylor Swift's latest album, "The Tortured Poets Department," dropped at midnight EDT. But it turned out it's actually a double album.
Guitar legend Dickey Betts, who co-founded the Allman Brothers Band and wrote their biggest hit, "Ramblin' Man," has died.
The singers first dated in 2003 and delighted fans when they rekindled their relationship in 2023.
William, the Prince of Wales, spent weeks out of public view to be there for Kate as she undergoes treatment for an unspecified cancer.
Desmond Shaw flies to Mount Washington in tonight's Look At This!
An officer was injured amid the brawl, prompting an urgent call for help.
Desmond Shaw flies to North Hollywood in tonight's Look At This!
The Murrieta Valley Board of Education voted on Friday to keep its controversial parental notification policy, defying a state order to rescind it. Nicole Comstock reports.
The Los Angeles County Department of Medical Examiner identified the woman as 32-year-old Heather Haas.
The Francis Scott Key Bridge in Baltimore collapsed early Tuesday, March 26 after a column was struck by a container ship that reportedly lost power, sending vehicles and people into the Patapsco River.
The Academy Awards will hand out filmmaking's top honor in 23 categories during the 2024 Oscars at the Dolby Theatre in Hollywood, starting at 7 p.m. Eastern, 4 p.m. PDT.
Shots from the PGA's Genesis Invitational golf tournament held at the Riviera Golf Club in the Pacific Palisades.
Even a potentially historic storm bearing down on California couldn't keep the stars away from the red carpet ahead of the 66th Grammy Awards in Los Angeles.
Who are your favorite celebrities wearing for the 2024 Golden Globe Awards? Check out our red carpet fashion photo gallery!