How much in damages is due to my business from a bank when they allowed a third party to open a
false business account and embezzle my checks?

A dishonest employee opened a business checking account similar in name to my business but not
exactly the same at Wells Fargo Bank branch. They then deposited over 25 separate checks over a 3
year period. My name & business name were clearly on the checks, yet Wells Fargo allowed the checks
to be deposited in the wrong bank account & then the funds withdrawn. I''m currently pressing
embezzlement charges against the employee. My banker at Chase says that the false account should
never been allowed to be opened at Wells Fargo because there was no business license or tax ID
number for the false business account as required by law and that 25 checks deposited into an
account bearing a different name is very unprofessional if not illegal banking practice.

Legal Topic Area: Business Litigation in UT

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