Question

for ABC Company in the payroll department Amy causes ABC company to issue a check to Jane Doe and employee who does not exist Amy then cashes the check for her own benefit of First Bank what writes if any does ABC co have

Answer 1

ABC Company has legal rights to pursue criminal charges against Amy for fraud and theft, as well as to seek civil remedies for the recovery of the embezzled funds.

Step-by-step explanation:

If Amy fabricates a nonexistent employee called Jane Doe and causes her employer, ABC Company, to issue a check to this fictitious person which she then cashes at First Bank, Amy is committing fraud. ABC Company has several legal rights and potential remedies to address this violation. The company can pursue criminal charges against Amy for fraud and theft. Additionally, they may also seek civil remedies to recover the embezzled funds through a lawsuit directed at Amy. First Bank may also be involved depending on their role and knowledge of the fraudulent transaction. If they facilitated the cashing of the check without proper verification, they might be liable to some extent, but typically banks have protections in place as long as they follow regulatory procedures.