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12/07/2024
Feds sue Comerica Bank, allege fraud against benefits recipients
The Detroit News
The Consumer Financial Protection Bureau on Friday sued Comerica Bank for allegedly charging illegal fees, mishandling fraud complaints and deliberately disconnecting service calls.
The lawsuit filed in the U.S. District Court for the Northern District of Texas seeks a judge's order to halt the alleged practices at the subsidiary of Comerica Inc. It also seeks to provide refunds to affected customers that includes recipients of Social Security, Supplemental Security Income and veterans benefits, and pay unspecified civil penalties into the CFPB's victim relief fund. Comerica Bank, one of the 25 largest bank holding companies in the country, is headquartered in Dallas, but was founded in Detroit and based in the city until 2007.
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