Legal Question in Banking Law in Illinois
endorcement law
what are the laws on someone signing my name to a check for 5000.00 made out to me from an ins. co, then sign there own name , and then deposit in there acct. i verbally agreed for him to open joint acct with both names, but he did not, and kept money.
Asked on 6/27/06, 12:46 pm
1 Answer from Attorneys
Zedrick Braden III
Ainsworth & Associates PC
Re: endorcement law
Hello. Such an act is punishable as a felony.
Unless this person had a power of attorney from
you, he should not have been signing your name
to any check. I suggests you file a lawsuit.
I wonder why you would trust someone under
these circumstances!
Answered on 6/27/06, 10:11 pm
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