In response to a surge in smartphone thefts and scams resulting in financial losses for New Yorkers, Manhattan District Attorney Alvin Bragg is urging the implementation of enhanced protection measures for users of cash apps. The move comes as instances of fraudulent activities on platforms like Venmo, Zelle, and Cash App have left individuals financially compromised.
District Attorney Bragg emphasizes the necessity of reinforcing security measures to safeguard consumers against unauthorized access and financial exploitation. The recent incidents have prompted calls for immediate action to address vulnerabilities within the current framework.
Key recommendations put forth by Manhattan D.A. Alvin. . .