Chicago suburb sues Fifth Third for ex-mayor’s alleged theft
By Gabrielle Saulsbery
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.