Fraud

What is check kiting?

Bank fraud is potentially punishable with significant jail time. One type of bank fraud that happens frequently is check kiting. This is when someone intentionally writes checks on an account that they know does not have the funds to cover it. The person committing...

read more

How disguising payments counts as fraud

Bank fraud in New York and elsewhere in the United States comes in many forms, all of which come with potentially serious consequences that include long prison sentences. One form of bank fraud is disguising payments as something they are not. Bank fraud defined Bank...

read more

How bank investigations work

Transaction fraud is a huge headache for people in the New York City metro area. It can be frustrating to wait while the bank conducts their investigation. It's not a process that's very transparent for consumers. Fraud is complex, and banks have very specific ways of...

read more

Archives