A business customer reports to the bank their office manager wrote fraudulent checks on their bank account. The office manager was not a customer of the bank. The case was reported to police, investigated, and the office manager quickly pled guilty.

If the amount of the forgeries is over $5000 is it an automatic SAR filing?

I assume you mean that the office manager was not an authorized signer on the account. We would file a SAR in this situation.

Correct, the office manager was not an authorized signer on the account.

Thanks

??? Can an individual dda account have more than one authorized signer?

Yes.

Thanks, Ken, we thought so, doesn't come up often, but just wanted someone else's opinion.