The lawsuit revives a case that the CFPB dismissed earlier this year and seeks restitution for affected consumers.

Some Zelle scam victims have been able to get their money back from Bank of America. Others didn't have the same luck but the bank won't say why.

At the airport she got a text saying, "Bank of America fraud alert. Did you just attempt a Zelle transaction of $3,500? Please reply yes or no." ...

Now, Bank of America is defending a federal class-action lawsuit claiming it encourages customers to use Zelle without warning about the "huge security risks" of linking Zelle to a bank account.

READ MORE | Scam targeting Bank of America, Zelle users steals thousands through mobile app payment Scammers are using transfer apps for different scams which can cost you thousands of dollars.

Bank of America started sending fraud alerts to Zelle users after the scam exploded last year. Now imposters are using them as part of the scheme. "I trust nothing that the bank sends me right now.

Bank of America customer Jiaming Chong sold a camera online. He never got paid for the camera and lost another thousand dollars. In total, he lost $4,200.