Comerica Bank seemingly was on its way out of doing business with the U.S. Department of the Treasury after it was learned that the bank had exposed thousands of elderly and disabled Americans to fraud. But somehow it just got another deal with the agency…for another five years.
The Center for Public Integrity first revealed Comerica’s foul-ups last year. An investigation showed thousands of individuals “had their Social Security and other benefits illegally rerouted to criminals’ accounts because of weak fraud controls” at Comerica, Daniel Wagner reported.
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