Venmo, Zelle, and Cash App are leaving consumers vulnerable to fraud that’s “draining bank accounts of significant sums of money,” Manhattan District Attorney Alvin Bragg said in letters to the companies that own those financial apps demanding they increase protections.
A Manhattan building superintendent has been indicted on charges of raping an undocumented immigrant that worked as a cleaner in the Flatiron apartment complex he managed, according to the Manhattan District Attorney.
“These alleged acts are absolutely horrendous, and I cannot imagine the physical, emotional and mental trauma this survivor continues to experience,” Manhattan District Attorney Alvin Bragg said in a statement. “It took extraordinary strength and courage for her to come forward, and our team of specially trained prosecutors, investigators and social workers will support her with every resource we have available.”
Venmo, Cash App, PayPal, Zelle and other payment apps may be convenient ways to send cash with a few taps of your smartphone, but they’re a breeding grounds for theft, Manhattan District Attorney Alvin Bragg tells CNN.
“These alleged acts are absolutely horrendous, and I cannot imagine the physical, emotional and mental trauma this survivor continues to experience. It took extraordinary strength and courage for her to come forward and our team of specially trained prosecutors, investigators and social workers will support her with every resource we have available,” said District Attorney Bragg. “My Office is here to fully assist anyone who has been the survivor of sexual abuse and trafficking, and I urge anyone who has experienced this type of violence and abuse to call us at 212-335-3400.”
