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Big banks not on the hook for failing to stop $14 million embezzlement by doctors' bookkeeper

Scott Holland May 6, 2016, 11:39pm

Three big banks will not be on the hook for millions allegedly embezzled by the former bookkeeper for a group of Chicago area medical practices, after a federal judge agreed the banks had no duty to detect and thwart the fraud, which the doctors said cost them more than $14 million.