C.R.I.Construction recently filed a lawsuit in Kosciusko Superior Court 1 against Farmers State Bank. The suit results from the November arrest of Marvin Christopher Whitehead, 39.Whitehead was an employee of C.R.I.and admitted stealing more than $356,102 from the business by depositing business funds into a fake account at Farmers State Bank. Whitehead opened an account at the bank in the business' name, deposited clients' payment checks and then had cashiers' checks made out to himself to cash. According to the suit, the bank should be liable because no information provided by Whitehead was ever verified. Farmers State Bank should have contacted the business owner, president, chief financial officer or other C.R.I.executive to verify Whitehead's financial authority, the suit alleges.
KRISTA PRIMROSE, Times-Union Staff Writer- | July 28, 2016