FORT WORTH (CN) - Talk about lax lending. A BMW dealer claims Fifth Third Bank approved a $32,000 loan to a man who had been dead for three weeks.
Neal Autoplex says Fifth Third approved a loan to Henry Jess Anders on May 8, though Anders had died on April 21.
"When buyer defaulted, it was discovered that the alleged buyer was a relative of the purported named buyer, Henry Jess Anders," the car dealer claims in Tarrant County Court.
"Defendant was apparently more interested in making a car loan than doing its due diligence and is now trying to hold plaintiff liable for defendant's negligence," the Autoplex says. It demands that the bank pay off the $31,931 loan.
Subscribe to Closing Arguments
Sign up for new weekly newsletter Closing Arguments to get the latest about ongoing trials, major litigation and hot cases and rulings in courthouses around the U.S. and the world.