I work for a company who recently had an employee embezzle nearly $20,000. The person was cashing checks that were made out to "cash" at the bank where we have our business accounts. Some of these checks were in excess of $5,000. No one at the bank flagged these checks or contacted my boss for approval. Do tellers usually cash "cash" checks, no questions asked? What should we be doing about this situation?
Your boss should contact an attorney right away. Depending on the circumstances surrounding these checks, the business may have a claim against the bank, but delaying could affect its right to make that claim.
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I work for a company who recently had an employee embezzle nearly $20,000. The person was cashing 
Your boss should contact an attorney right away. Depending on the circumstances surrounding these checks, the business may have a claim against the bank, but delaying could affect its right to make that claim.
