Nj.com Reveals how Secaucus Company Artistic Tile Sues Valley Bank Over Fake Checks Totaling $5 Million

Fraudsters stole $5M with bad checks, company claims in suit against Valley Bank

A Secaucus company sued Valley Bank, claiming the New Jersey financial institution allowed fraudsters to pass fake checks against the company’s checking account to the tune of more than $5 million.

 In a suit filed in superior court in Hudson County on Wednesday, lawyers for Artistic Tile wrote the fraudsters were able to pass 35 fake checks, most for more than $170,000 a piece.
Read more here
© Zito Partners 2011-2019. All rights reserved.