HR1013LRB098 20912 MST 58545 r


  
1
HOUSE RESOLUTION

  
 
2    WHEREAS, The members of the Illinois House of 
3Representatives have been made aware of a situation in the City 
4of Chicago where a clerk at City Hall embezzled nearly $750,000 
5by depositing checks payable to Chicago into a personal bank 
6account; and
  
 
7    WHEREAS, The embezzlement scheme lasted from August of 2008 
8until January of 2014, and was only discovered when bank 
9officials noticed unusual activity in a supposed "business 
10account"; and
  
 
11    WHEREAS, The budgets of many Illinois local governments are 
12stressed and every dollar matters to determine what services 
13can be offered to their citizens; governments have a 
14responsibility to their taxpayers and should make every effort 
15to track and control their cash flow; therefore, be it
  
 


  
16    RESOLVED, BY THE HOUSE OF REPRESENTATIVES OF THE 
17NINETY-EIGHTH GENERAL ASSEMBLY OF THE STATE OF ILLINOIS, that 
18we urge all Illinois financial institutions that offer checking 
19accounts to take immediate steps to ensure, as a condition of 
20the act of depositing money into an account by paper check or 
21electronic payments, that the entity into which the money is 
22deposited is the payee entity intended by the initial payor; 
 
 
HR1013- 2 -LRB098 20912 MST 58545 r

1and be it further
  
 
2    RESOLVED, That we urge the Illinois Banking Association, 
3the Community Bankers Association of Illinois, and the Illinois 
4Credit Union League to study the issue raised by this alleged 
5act of embezzlement, including consultations with experts in 
6the fields of forgery detection and electronic security, and 
7make recommendations to the General Assembly as to whether the 
8Illinois public sector should be mandated, in the future, to 
9take steps that payors making payments to the public sector by 
10paper checks or electronic payments be required to spell out 
11the full name of the intended payee; and be it further
 
12    RESOLVED, That suitable copies of this resolution be 
13presented to the President and CEO of the Illinois Banking 
14Association, Linda Koch, the President of the Community Bankers 
15Association of Illinois, Robert J. Wingert, and the President 
16and CEO of the Illinois Credit Union League, Dan Plauda.