Money Transfers After Phone Theft
Pollock Cohen LLP is investigating reports that these apps have been used to transfer money out of victims’ accounts after a phone is stolen. We are taking a close look at the failure of these money transfer applications to prevent such theft.
This issue has been covered extensively in the media, including:
- Press Release: Manhattan District Attorney Alvin Bragg, Jr., Calls On Venmo, Zelle, Cash App To Better Protect Consumers From Fraud
- Video: Manhattan DA calls on Venmo, Zelle, Cash App to protect users | ABC News
- Venmo and other payment app theft is ‘skyrocketing,’ Manhattan DA warns | CNN Business
If you experienced this type of theft, please fill out the form below for a free, confidential consultation.
FAQs
A class action lawsuit is a way for a group of people who have suffered similar harms to bring a single collective case and share in any potential award. You become part of a group, with far more potential power than filing a lawsuit on your own—and at no cost to you.
Filing a class action lawsuit allows us to consolidate evidence, witnesses, and litigation expenses to make the lawsuit more efficient and effective. The collective “clout” of the class is typically far more effective than an action by any individual plaintiff.
No! The attorneys work on contingency, and only get paid if the case is successful. Any fees they may be awarded are determined by the court and paid by the defendant.