It is governed by regulation E (https://www.federalreserve.gov/supervisionreg/regecg.htm https://www.federalreserve.gov/supervisionreg/regecg.htm), and Zelle ad

It is governed by regulation E (https://www.federalreserve.gov/supervisionreg/regecg.htm https://www.federalreserve.gov/supervisionreg/regecg.htm), and Zelle admits as much on their website (https://www.zellepay.com/financial-education/pay-it-safe/understanding-fraud-scams https://www.zellepay.com/financial-education/pay-it-safe/und...). They do try very hard to suggest this doesn't apply. This isn't true in practice, but I'm certain many would give up without trying.