Dolton Sues Fifth Third Bank Over Henyard Spending

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The Dolton Fifth Third Bank lawsuit is the latest chapter in the Tiffany Henyard saga: the south-suburban Chicago village is suing its own bank, claiming Fifth Third improperly paid out more than $1.8 million in taxpayer money authorized by former mayor Henyard alone. The village says the bank ignored a 2021 resolution requiring two signatures on every check.

Key Takeaways

  • Dolton alleges Fifth Third Bank paid out more than $1.8 million with only Henyard’s signature.
  • A May 2021 village resolution required two signatures — the mayor’s and the village clerk’s.
  • The lawsuit does not name Henyard as a defendant, and she has not been charged with wrongdoing.
  • Henyard lost re-election in a landslide and has since opened a clothing boutique in Atlanta.

What is the Dolton Fifth Third Bank lawsuit about?

The lawsuit is an attempt by the new Dolton administration to recoup taxpayer money. The village accuses Fifth Third Bank of failing to follow a May 2021 resolution passed by trustees who were already concerned about Henyard’s spending.

That resolution required all payments to carry two signatures: Mayor Henyard’s and Village Clerk Allison Keyes’. Instead, the suit says, the bank processed checks signed only by Henyard through mid-2023 — more than $1.8 million in total.

What does the village accuse the bank of?

The core allegation is bad faith. The complaint states that “Fifth Third Bank acted in bad faith because it had actual knowledge that Tiffany Henyard was violating her fiduciary duties in stealing and or misappropriating public funds.”

The lawsuit says Fifth Third paid out more than $1.8 million in taxpayer money with only Henyard’s signature.

The suit says the bank failed to investigate or notify Dolton of facts readily available to it, and that the village lost significant taxpayer dollars and had to take on debt as a result — an amount to be determined at trial.

How did the $1.8 million add up?

The complaint lists bank accounts and individual charges. Some are large single line items — figures cited include a $33,000 charge, multiple $20,000 charges, a $47,000 charge, and one for $43,000. The village selectively flagged transactions that carried only one signature.

Importantly, the suit doesn’t itemize what each payment was for. As the transcript notes, “a lot of these could be legit funds used for legit purposes” — the claim is about the missing second signature, not a line-by-line accounting of misuse. This spending pattern was previously flagged in coverage of the $100K luxury spending spree and a pricey political junket.

Will this go to trial?

Probably not. The prediction here is a quiet settlement — a bank generally doesn’t want a public trial that makes it look like it ignored its own controls. Expect a private deal with details undisclosed and no admission of wrongdoing.

This isn’t the first legal tangle around the village either; earlier disputes included Henyard suing Dolton trustees and public clashes over spending.

Where is Tiffany Henyard now?

Henyard was booted from office more than seven months ago after losing re-election in a landslide. She has since opened a clothing boutique in Atlanta called The New Wave. The odd part: the website celebrates the brand but appears to offer no clothes for sale online, and it’s unclear whether the store is fully operational.

She also released a book, “Standing on Business,” which dropped from $99 to $35 and carries a single one-star review. Despite an FBI investigation, she has not been charged. The bank, meanwhile, was previously reported to have given the village 60 days to find a new banking partner.

Frequently Asked Questions

Is Tiffany Henyard named in the Dolton lawsuit?

No. The lawsuit targets Fifth Third Bank, not Henyard. She is not a defendant and has not been charged with wrongdoing.

How much money is Dolton trying to recover?

The village alleges Fifth Third Bank improperly paid out more than $1.8 million — close to $1.9 million — in taxpayer funds on Henyard’s signature alone.

Has the FBI charged Henyard?

Despite an ongoing FBI investigation, Henyard has not been charged with any wrongdoing, and her attorney says she has moved on with her life.

The through-line here is accountability that never quite lands. If a small village can lose nearly $2 million on a single missing signature, who do you think should be held responsible — the mayor, the bank, or the trustees who let it ride? Drop your take in the comments.

Full Episode Transcript

Read the full transcript of this episode

Y’all should be ashamed of y’all’selves. Y’all black. Y’all are black. WGN Investigates has new details on a lawsuit in South Suburban Dolton. It’s against the village’s bank claiming the bank should not have paid out money authorized by former mayor Tiffany Henyard. >> And when anything as relates to with credit cards, as you heard me speak today in my board meeting about I do not handle that. Some of those charges are for you, though. No, sir. You didn’t go to Las Vegas? Mhm. And this is not a small amount. Henyard has been out of office for 7 months, but the team that replaced her says she left Dolton in deep debt.

>> Y’all all saying Martin Luther King had a dream. Well, guess what? I am the dream. This lawsuit attempts to recoup some of that money. The village is accusing Fifth Third Bank of failing to follow a 2021 village resolution passed by trustees who were concerned about Henyard’s spending. What What is that? >> No comment. You don’t know if you were in Las Vegas? Of course I do. >> It required all payments to have two signatures, Mayor Henyard’s and the village clerk. Instead, the lawsuit says Fifth Third paid out more than 1.8 million dollars in taxpayer money with only Henyard’s signature.

Of course I’m going to give away a million dollars to help you pay your mortgage and your rent. Fifth Third Bank acted in bad faith because it had actual knowledge that Tiffany Henyard was violating her fiduciary duties in stealing and or misappropriating public funds. Did you fly first class to Las Vegas? Any other questions? That’s what the lawsuit claims. The bank declined to comment. That lawsuit does not make specific claims that funds were misused, just that they should not have been paid with only Henyard’s signature. Now, keep in mind this time period covers Henyard’s rocky final years in office as she and trustees struggled for control.

>> Y’all forget I am the leader. They want to hear from the mayor. If y’all ain’t learned that yet. >> It was also as WGN Investigates exposed how Henyard and her allies spent more than $100,000 on travel. The mayor, not the trustees that don’t do nothing. That only run they mouth. We getting scrutinized in the media. For what? >> Village money and resources also went to Henyard’s questionable cancer charity, self-promotion, meals, and much more. Loving on the people, showing them that they matter to us. We going through the fires for y’all. >> Henyard lost re-election in a landslide last spring.

The new mayor says he’s been working to dig the village out of debt. Now, to be clear, Henyard is not named as a defendant in this lawsuit. >> sitting up here beating and attacking on a black woman that’s in power. Y’all should be saying to y’allself. >> And despite an FBI investigation, she has not been charged with wrongdoing. Her attorney tells me Henyard has, quote, moved on with her life, and the chaos and mismanagement of Dolton at the hands of the Board of Trustees caused damages that will continue to reverberate for years to come. Mhm. We’ve got yet another super mayor Tiffany Henyard lawsuit.

Now, we’ve got uh the Village of Dolton suing the bank saying that the bank should have known that Tiffany Henyard was coming in and just unilaterally signing for all this money, all this taxpayer money, that she needed a second signature on, but she didn’t have it. So, the village is doing whatever they can to kind of reclaim some of that money. Let’s get into it. Here we go. Lawsuit claims bank improperly released 1.8 million in taxpayer funds. Does this shock you? No. No, this doesn’t. The The fact that Tiffany Henyard is able to still keep her name in the media is is a testament to what some would say is her >> [laughter] >> fleecing of Township of Thornton, Village of Dolton.

And then she just lost in spectacular fashion. And now she’s got The New Wave, The spelled capital T H A, New Wave clothing store in Atlanta. But but I I And we’re going to take a look at that, but I can’t seem to work out if they actually sell any clothes. None are available online. There’s nothing It’s like all this information and they they’ve nothing to sell. Former Dalton Mayor Tiffany Henyard was booted from office more than 7 months ago. Now the team that replaced her is suing the village’s bank claiming it improperly allowed Henyard to spend more than 1.8 million in taxpayer money. How is it only 1.8 million dollars?

How is there not more? What’s the FBI doing in all this? Is the FBI just tasked with, “Hey guys, you got to make it look like you’re looking into this. We’re not really going to do anything.” And you know what I’ve said all along is I don’t think the FBI is going to do anything. This investigation they’ve got going on, I think they wait for this to just basically come off of all of our radars and then they’ll quietly say, “You know what? The the we we couldn’t come up with any definitive proof of wrongdoing. This investigation is concluded and therefore boom, done, everything over and just nothing to see here.

Kind of like the Epstein files. Nothing to see here. Nothing to see here.” You know what I mean? And the Department of Justice is saying in the Epstein files, “Yep. This is all we’re going to release. Millions and millions of files.” That whole thing is just It’s it’s it’s all fraud, right? This is all fraud. A newly filed lawsuit from the Village of Dalton accuses Fifth Third Bank of failing to follow a May 2021 village resolution that required all checks to have two signatures, which is standard for this type of the You need to have some kind of checks and balances, right? Mayor Hinyard and Village Clerk Allison Keyes, the lawsuit alleges the bank processed checks signed only by Hinyard through mid-2023.

Cuz because this is Tiffany Hinyard swinging her big club in a small little town. She’s the mayor. She comes in. Somebody says, “Oh, but we need to say in the super mayor just goes, “No, you don’t. I’m the mayor. I signed it. Do you pay out?” And now And now Dalton is like, “Wait a minute. That’s not how this works.” But that’s how it did work. Lawsuit time. Lawsuit time. Fifth Third Bank acted in bad faith because it had actual knowledge Tiffany Hinyard was violating her fiduciary duties and stealing and or misappropriating public funds as a direct and proximate result of Fifth Third Bank’s conduct, Village of Dalton has lost significant taxpayer dollars and has been required to incur her debt in a cost to be determined at trial.

This ain’t going to trial. Fifth Third Bank, their lawyers are going, “Yep. We screwed up. Can’t really work our way out of this one. But we don’t want to go to trial cuz that makes the bank look terrible. Let’s go ahead and settle.” And that’s what they’ll do. Shh. A settlement was released was reached between both parties. Details are unknown at this time. When we get some, we’ll get back to you and we’ll let you know. It’s going to be a private It’ll be a private deal, right? Just like, “Okay, Village of Dalton, here’s a little bit of money. Would you shut the F up?” Cuz you’re making us look bad.

You’re making us look like we’re a bank that doesn’t have moral principles. That we can’t follow guidance. We can’t file follow the law. Oh, let’s have a lawsuit over it. Okay. So, lawsuit does not name Hinyard as a defendant cuz she’s gone and she is long past being super mayor and does not make specific claims about inappropriate recipients of village money. Henry has not been charged with wrongdoing. Okay, and you know, I’ve looked through the lawsuit. I mean, and there’s some there’s some pretty crazy stuff. Okay, let’s um Here’s the bank accounts. I know this is tough to see, but you kind of get an idea.

All right, we got all the way down to the letter J. These are bank accounts that are uh in question. Here’s um Uh yeah, more bank accounts. And then we get down to Okay, total of 1.8, almost 1.9 million dollars. And then here’s some charges. Here’s some How about 33 grand? I mean, some app some big numbers. 20 grand here. Uh another 20. Another 47 here. Um Yeah, and and they’ve just they’ve selectively gone through and said, “Hey, man, look at look at the list here. They’ve gone selectively through and said, “Hey, we only had one signature for all this nonsense.” And what do I do? I wonder how the bank’s going to come back on this.

Well, they’ll come up with some kind of nonsense. Well, it wasn’t really clear if she was a co-signer, you know, what the original agreement was. The The bank doesn’t admit any wrongdoing at all. However, we’re going to cut a check for 1.2 million to the village of Dalton. Something like that, right? Something like that. And the list, you can see the list. Oh, here’s a doozy. Here’s a big one. I mean, another one for 20K. Yeah, she needed uh you know, she she needed new add-ons for her Tahoe, right? Yeah, she needed some bolt-ons. So, the the the list just goes on. That’s how you get up to 1.8 or almost 1.9 million dollars.

Now, here’s one for $43,000. Okay? Uh Um this is all listed right in the lawsuit. It breaks down, you know, misappropriated funds from the village, signing docs, Fifth Third Bank. I mean, it looked like Tiffany Henyard absolutely used the bank like her own, you know, personal piggy bank. You know, a lot of these a lot of these could be legit funds used for legit purposes. They could because we’re not we’re not giving an accounting of what they actually went for. We just know basically who the check was written to, right? But, the fact of the matter is is the lawsuit is Dalton is saying, “Hey, got to have two signatures.

You didn’t. We’re suing you. We need this money back. We’ve had to take on debt because of this ridiculous spending that is being investigated by the FBI. But, then again, not really. Yeah. How long has Tiffany Henyard been out of office? I mean, do you honestly think that they’re going to investigate somebody that’s out of office that’s just a mayor? You know, super mayor of Dalton and Thornton. Now, they got bigger fish to fry, in my opinion. Plus, I think Tiffany Henyard is I I think she’s covered. I think she’s covered. And you know, take that as you will. Take that as you will. At all times relevant, it was commercially unjustifiable for Fifth Third Bank to allow Tiffany Henyard to repeatedly violate stealing and or misappropriating public funds from her accounts, allow Tiffany Henyard to steal misappropriate.

She knew that she violated the resolution passed by the village at every check that her authorized by Mayor Tiffany Henyard, paychecks authorized only by Tiffany Henyard to vendors on or after May 2021st, failed to investigate and or notify Dalton of facts readily available to Fifth Third Bank. Those are the angles they’re coming at the the bank with. Hey, you let this happen. You authorized this spending. We’re suing you. You are on the hook. So, I mean, Tiffany Henyard is is still in the news. She’s still relevant. Kind of. But, we’re talking about her, right? We’re talking about her. Will this convert to clothing sales in Atlanta?

Now, let’s let’s talk about that for a second, right? Here we go. Here we go. Um former Dalton Mayor Tiffany Henyard opens clothing boutique in Atlanta, The New Wave. There it is. There it is. From ashes to icon. No, you’re still in the ashes category, Tiffany Henyard, because as far as I can tell, is this store open? I don’t know. Online, everything indicates uh >> [screaming] >> kind of, maybe, right? Trail- Trailblazing leader Tiffany Henyard celebrates grand opening of The New Wave clothing. All right. Okay. All right. Let’s go to it. All right. So, hip Here we are. Here’s the the website for tiffanyhenyard.com, The New Wave clothing, t h a, all caps, Laryng Center.

Stepping into the moment that The New Wave clothing by Tiffany Henyard, a brand that celebrates ambition, resilience, and unapologetic style. Except, you can’t buy any of the clothes online. Uh and it’s unknown if you can in the store. I I have I have zero ability to confirm that. Um it doesn’t look like it. It’s a lifestyle, a statement, and the new wave of urban fashion. Okay. All right. Okay. Look at those pants. I mean, I I I kind of want a a of those pants. I think I think those would be fly. Made for the bold. Here we go. Standing on business, fighting for justice. Well, I mean the Village of Dalton is fighting the bank for justice, correct?

Yeah, that’s that’s true. But there’s there’s no justice fighting going on in in in this photo. There’s absolutely none. But, you know, and what about what about Tiffany Henyard’s book on Amazon? Let’s take a look at that. Here’s Tiffany Henyard’s book, Standing on Business. That is down to $35. Initially, that was $99. It has one single one-star review. It’s on Amazon. Fighting for justice, standing on business, Tiffany Henyard. I wonder. >> [snorts] >> Only two left in stock. They’re almost sold out. You better get yours soon. The better book would be this one right here, of which I am in.

Podcaster Posse, Tracking Outlaw Super Mayor Tiffany Henyard. I gave out a handful of those over Christmas. So, if Haven Simmons, if you got a bunch of orders for this before Christmas, that’s why. I bought a handful of the books. It was epic. It’s a it’s a it’s a great little book. If if you want to kind of follow along and he covers like 12 different podcasters and I was one of them that that covered the Super Mayor. But, >> [laughter] >> I mean, the hits just don’t ever stop with the Super Mayor. They just keep on coming because the Super Mayor just can’t can’t can’t seem to to to get things in line and get going.

It’s what we’re doing. Not a shocker, Tiffany Henyard ends up in Atlanta. Not a shocker that bank’s being sued cuz some monkey business there. But that’s that’s basically just small-town politics, isn’t it? That’s what this comes down to. What will come of it? Probably nothing. Like everything else in the Tiffany hundred debacle. It It’ll just kind of go away. There There’ll be some kind of settlement or something. It certainly won’t be a lawsuit, but if there is I’ll cover that right here on News for Reasonable People. That’d be some juicy stuff. Hey, let’s see let’s see Tiff Tiff’s testimony.

That’d be some good stuff, right? Maybe maybe Stan the Man will testify. Who knows? Anything could happen. I don’t know. Thanks so much for being here. Love to have you subscribe. Hit that notification bell. I’ll see you in the next episode. Bye for now. >> [music]

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