On September 30, 1988, defendant Mark Reichin (hereinafter Reichin) deposited a check for $67,000 in a joint checking account held with his wife, defendant Karen J. Reichin, in the Poughkeepsie branch of plaintiff. This check was drawn by MKRCD Holdings, Inc. on Professional Savings Bank in Miami, Florida, and represented the purchase price for an airplane that Reichin's corporation was selling to MKRCD. Plaintiffs Poughkeepsie branch sent the...
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