Responsibility for Identifying Evidence of Embezzlement

Kentucky Supreme Court Grants Discretionary Review as to

Responsibility for Identifying Embezzlement

 

       As reviewed here on April 17, 2012, the Kentucky Court of Appeals had then recently held that it was the responsibility of the customer, not of the bank, for not recognizing evidence of an employee’s embezzlement.  Dean v. Commonwealth Bank & Trust Co., 2012 WL 1137907 (Ky. App. April 6, 2012).

      On December 12, 2012, the Kentucky Supreme Court granted discretionary review of the holding by the Court of Appeals.