Comerica Bank Manager Pleads Guilty to Embezzlement

The U.S. Attorney for the Eastern District of Michigan announced recently that a Comerica assistant bank manager has plead guilty to embezzling over $360,000 from bank accounts belonging to his elderly and deceased clients. The manager stole the money by closing or depleting CD and IRA accounts belonging to the victims, without their knowledge, and then depositing the funds into his personal account. The manager then attempted to conceal his fraud by forging withdrawal slips and destroying bank surveillance tapes.

See the full release here (PDF)