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ATLANTIC SEC. BANK v. ADILER S.A.

No. 3D98-2926.

760 So.2d 258 (2000)

ATLANTIC SECURITY BANK, Appellant/Cross-appellee, v. ADILER S.A., and Jorge Carbon, Appellees/Cross-appellants.

District Court of Appeal of Florida, Third District.

June 7, 2000.

Attorney(s) appearing for the Case

Holland & Knight and Linda Collins Hertz and Daniel S. Pearson, Miami, for appellant/cross-appellee.

Shutts & Bowen and John E. Meagher and Rene J. Gonzalez-Llorens, Miami, for appellees/cross-appellants.

Before GERSTEN and RAMIREZ, JJ., and NESBITT, Senior Judge.

NESBITT, Senior Judge.

Jorge Carbon, a Uruguayan resident, and Adiler S.A., a Uruguayan company, (referred to herein collectively as Carbon), filed the instant action to recover damages Carbon claimed were caused by the fraud and negligent misrepresentations of Atlantic Security Bank (Atlantic). Atlantic had issued a power of attorney which was used by Carlos Armele, a Paraguayan citizen and the alleged perpetrator of a bank sale scheme to which Carbon fell victim...

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