Fifth Third Bancorp said it discovered allegedly fraudulent activity at one of its commercial borrowers, according to a filing on Tuesday.
Fifth Third Reports Alleged Fraud Tied to Asset-Backed Borrower
Related Posts
Founders Fund Backs AI Startup for Plumbers, Roofers
Netic, a startup aiming to equip contractors, plumbers and other businesses with advanced AI tools, has closed a $23 million…
Powell Probe Is Another Blow to Fed Independence, Scope Says
The Trump administration’s new legal assault on the Federal Reserve further threatens independence and makes it harder for the central…
Fashion Startup Founder Pleads Guilty in $300 Million Fraud Case
The founder of fashion-rental and technology company CaaStle Inc. pleaded guilty to vastly inflating revenue figures to defraud investors who…