Legal Question in Banking Law in California

Question re banking laws and regulations, as well as the bank policy.

Facts: over a significant period of time, an employee of the corporation made numerous deposits of the checks payable to the employer corporation into the employee�s personal bank account, through ATM deposits (not by depositing the checks through a bank teller). The name of the employer, the corporation, is totally different from the name of the employee, the individual, so there is no �innocent� mistake based on confusion. The bank, Bank of America, accepted all these numerous deposits of the checks, payable to the corporation, made by the individual through ATM into the individual�s bank account.

Question: which banking laws and regulations, as well as the bank policy, has the Bank of America violated, when the foregoing was taking place?

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