Legal Seminar, Chicago, IL

 Customer opens account at Mercantil  Mercantil offers three different security measures  Customer only selects one—signature verification  The bank could, at its option, use other security verification procedures  Customer makes two deposits Chavez v. Mercantil (11th Cir. 2012)

Chavez Continued

 After deposits, customer returns to Venezuela  Two days after customer deposits, someone claiming to be customer requests wire transfer  Bank transfers $329,000 to Dominican Republic