Los Angeles Times Profile picture
Oct 14 7 tweets 3 min read
Credit cards and digital payment apps such as PayPal offer some distinct advantages over cash, including the ability to recover money paid to scammers.

But #Zelle, a digital payment network owned by seven major banks, isn’t so protective of its users.

latimes.com/business/techn…
If you use Zelle to pay someone who proves to be a fraud, you have only a slim chance of recovering the money from your bank. The same is true if you send money to the wrong person. If you hit Send, the money is probably gone.

latimes.com/business/techn…
"I think [Zelle is] growing in popularity with scammers because it has some significant advantages from their perspective," said Kevin Roundy, senior technical director of the internet security company NortonLifeLock in Culver City.

latimes.com/business/techn…
Some critics argue that Zelle and its banking partners are misinterpreting the federal Electronic Fund Transfer Act of 1978 and the regulation implementing it, which shield consumers from much of the liability for “unauthorized” transfers.

latimes.com/business/techn…
According to Zelle and its partners, if you knowingly send cash to someone who’s taking your money under false pretenses, that’s an authorized transfer under the law.

latimes.com/business/techn…
But under a class-action lawsuit filed in Orange County, the plaintiff argues that when someone induces you to send them money as part of a scam, that person is initiating a transfer without your authorization.

latimes.com/business/techn…
The Consumer Financial Protection Bureau could try to settle this dispute, but it hasn’t done so — yet.

Read more at
latimes.com/business/techn…

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More from @latimes

Oct 15
Why "Real Housewives of Beverly Hills" star Lisa Rinna got booed at BravoCon latimes.com/entertainment-…
Lisa Rinna also flipped off the crowd at BravoCon latimes.com/entertainment-…
The drama between Lisa Rinna and other cast members goes back to earlier this year. The actor says she was "threatened" ahead of "RHOBH" reunion. latimes.com/entertainment-…
Read 4 tweets
Oct 14
The recent leak of a recording that exposed some of Los Angeles’ top officials making racist comments has rocked L.A. But City Hall is no stranger to scandal.

Here’s a quick refresher of some of the most memorable scandals in recent history⬇️ latimes.com/california/sto…
Last year, City Councilmember Mark Ridley-Thomas was indicted along with a former USC dean on federal charges that he took bribes from the dean in exchange for directing millions in public funding to the university. latimes.com/california/sto…
In 2020, a L.A. police officer sued the city, alleging that he was repeatedly sexually harassed by one of Mayor Eric Garcetti's top advisors.

The suit claims that Garcetti witnessed some of the inappropriate behavior.

The mayor denies the claims. latimes.com/california/sto…
Read 10 tweets
Oct 14
⚾ Will the #Dodgers rebound from a loss to the #Padres when the teams face off during Game 3 of the #NLDS?

Join @dylanohernandez, @BillPlaschke, @Jack_A_Harris and @jorgecastillo as they preview tonight's game at Petco Park twitter.com/i/spaces/1djGX…
⚾ Who will win the #NLDS between the #Dodgers and San Diego #Padres?

Live updates: latimes.com/sports/dodgers…
What is the biggest area of concern for the #Dodgers? #NLDS

Live updates: latimes.com/sports/dodgers…
Read 9 tweets
Oct 14
Scanning all the media coverage of the leaked City Council audio — which at this moment seems poised to join Nixon’s Watergate tapes in the annals of recording infamy — it’s hard to decide which sections might be the most appalling, writes @cmonstah.

latimes.com/entertainment-…
The conversation is grotesque — a furnace blast of racist tropes and unvarnished political sausage-making. It also surfaces a roiling debate about the nature of Latino identity and the blinkered ways that identity has historically been defined and wielded.
latimes.com/entertainment-…
For one, the us-versus-them framing of Black & Latino political interests actively overlooks — erases — the fact that Latinos can be Black & Black people can be Latino. (Latino is a loose ethnicity, not a race, & the African diaspora spans the Americas.)

latimes.com/entertainment-…
Read 6 tweets
Oct 14
Garrett Adelstein is one of poker’s top and most profitable high-stakes cash players.

On Sept. 29, Adelstein made the biggest bet of his life when he accused rookie player Robbi Jade Lew of cheating in a $269,000 hand against him on “Hustler Casino Live.” latimes.com/business/story…
Adelstein told @byandreachang he is “extremely confident” that he was the target of a cheating ring involving not just Lew but other players and at least one member of the show’s production crew.

He is conducting his own investigation to prove his case.
latimes.com/business/story…
Without concrete evidence, the bombshell allegation has roiled the poker community.

The fallout has been severe, with Adelstein and Lew each facing bitter character attacks and questions about their motives.

Adelstein hasn’t played poker since. latimes.com/business/story… Image
Read 6 tweets
Oct 14
Kerman Maddox, a veteran political consultant, was getting ready for church when he heard the recording.

The voices rising from his phone sounded distinct and familiar.

One belonged to his friend, Gil Cedillo.

“It was like a stab in the back,” he said.
latimes.com/california/sto…
Over three decades, the two had joined forces to bring their communities together. This civic call to service brought Maddox and Cedillo shoulder to shoulder at church services, labor events and on the campaign trail. latimes.com/california/sto…
But now there was his friend, on tape, participating in a conversation in which Martinez described her white colleague’s Black son as “parece changuito,” or “like a monkey.”

As she said this, De León and Cedillo chuckled and cracked jokes. latimes.com/california/sto…
Read 4 tweets

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