Check Kiting

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August 25, 2024 4 min read Definitions

Check Kiting: An Illegal Financial Scheme

Banking Finance Check Kiting Banking Fraud Financial Crime Illegal Scheme Fraud Prevention

Check kiting is an illegal scheme that establishes a false line of credit by the exchange of worthless checks between two banks, exploiting the time taken for checks to clear.

August 25, 2024 3 min read Definitions

Kiting: Methods and Implications in Banking and Securities

Banking Finance Law Kiting Float Check Kiting Securities Fraud

An in-depth exploration of Kiting practices in banking and securities, their mechanisms, historical background, and legal implications.