Call me: 609-203-3666 - Banking Expert Witness

Unauthorized Letter of Credit Case

28 Oct No Comments Remik Expert Matters

Facts:  The Plaintiff was an investor in real estate projects.  He was approached by a developer who sought financing for a real estate venture.  The Plaintiff, as a condition of providing financing, required collateral in the form of a letter of credit.  The developer arranged for a loan officer at

Right of Set-Off Against Attorney Trust Account

28 Oct No Comments Remik Expert Matters

Facts:  The office manager of the plaintiff law firm was owed money by the law firm.  To pay himself, he drew a check on the firm’s attorney-trust account and made it payable to the firm’s business account, forged the signature of a partner of the firm on the check, and

Dishonest Employee – Forged Check Case

18 Jul No Comments Remik Expert Matters

Facts:  The checking account signature card and account agreement of the plaintiff corporation required that all of the plaintiff’s checks had to be signed by two authorized officers of the corporation.  Some years after the account was opened, a bookkeeper for the corporation began to embezzle funds by issuing corporate

Unauthorized Endorsement Case

18 Jul No Comments Remik Expert Matters

Facts:  The plaintiff was a law firm that maintained it business and trust accounts the defendant bank.  Over a 30-month period, an employee of the plaintiff arranged for the issuance of a series of checks payable to various vendors and customers of the plaintiff.  The employee then misappropriated the checks,