Comerica Bank, a large banking company headquartered in Dallas, Texas, this past weekend issued a statement in regards to an ongoing brand infringement incident being perpetrated by a group operating across Asia.
The group, VRB, purports to have financial backing from Comerica, which is false, in an attempt to draw investment into a cryptocurrency scheme.
VRB has held events in Malaysia, Philippines, Vietnam, and Japan, going as far as producing actors, some of whom are pretending to be Comerica employees.
The Comerica Bank statement reiterated that it does not have an affiliation with VRB cryptocurrency, and any attempt to represent it as such is false and fabricated.
Those involved with VRB cryptocurrency have sought to use the Comerica brand name to lend their operation legitimacy, and individuals attempting to make that association are not Comerica employees. The company’s legal team continues to aggressively pursue takedown of VRB web domains that make reference to Comerica.