Fire Blamed on Counterfeit-Detecting Gizmo

     CHICAGO (CN) – Travelers Insurance sued Bank of America and Office Depot, claiming the bank left an Office Depot counterfeit currency detector on for 48 hours and it caught fire and damaged 12 of the bank’s neighboring tenants.



     Travelers Property Casualty Company of America sued Bank of America and Office Depot in Cook County Court, on behalf of 12 businesses.
     It claims that Office Depot “sold, distributed or provided a counterfeit currency detector to the Bank of America branch” at 33 North Dearborn St. in Chicago, before the March 6, 2011 fire.
     Counterfeit currency detector machines scan paper currency using ultraviolet light and/or magnetic sensors.
     Twelve neighboring businesses – Air India, 10 law firms, Evolved Media Corp., and Regent Title Insurance Co. – had property insurance with Travelers, according to the complaint.
     “On or before March 6, 2011, the counterfeit currency detector was left activated for at least forty-eight hours up and until a fire occurred at 33 North Dearborn at approximately 1:00 p.m.,” the complaint states.
     Travelers says the fire caused “extensive fire damage to the adjacent tenant plaintiffs.”
     It seeks damages for negligence, strict liability and breach of warranty.
     It is represented by Gregory Aimonette, with Clausen Miller.

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