Bank Wins Check Forgery Case Due To Customer’s Fatal Error

LexisNexis (June 25, 2020, 1:55 PM EDT) -- Check forgery schemes perpetuated by a fraudster who is an employee of the depository bank’s customer, unfortunately, are commonplace. Usually, there is a trusting employer who entrusts check writing authority to its bookkeeper. Upon discovery of the check forgery scheme, the betrayed employer tries to recoup the stolen funds by shifting the loss to the bank....