United States Seventh Circuit

Dismissal of plaintiff's suit, alleging defendant-bank is liable to victims of a Ponzi scheme for allowing checks to be deposited without proper endorsements, is affirmed where defendant is not liable under conversion and negligence theories.

Appellate Information

• Argued 04/13/2004
• Decided 09/14/2004
• Published 09/14/2004

Judges

• POSNER, Circuit Judge., Before FLAUM, Chief Judge, and POSNER and WILLIAMS, Circuit Judges.

Court

• United States Seventh Circuit

Counsel

• For Appellant:
  
• Scott D. Gilchrist (argued), Cohen & Malad, Indianapolis, IN, for Plaintiff-Appellant.


• For Appellees:
  
• Max W. Hittle (argued), Krieg Devault, Indianapolis, IN, for Defendant-Appellee.