Chicago suburb sues Fifth Third for ex-mayor’s alleged theft

By

AI Summary

Fifth Third Bank allegedly violated banking standards by allowing the then-mayor of Dolton to cash vendor checks without proper signatures; this could set a precedent for compliance and signature requirements.

Texas Relevance

The article does not mention Texas, TCUD, or any Texas-specific entities. It focuses on events in Dolton, Illinois.

Original Content

Fifth Third acted in violation of “reasonable” banking standards by allowing Dolton’s then-mayor to cash $1.9 million in vendor checks without the village clerk’s signature, a lawsuit alleged.