check kiting
Check kiting is also considered a form of fraud.
For example, float is used to use funds that are not available in a checking account.
Kiting converts the bad check into credit, the money is easily withdrawn from the account.
Example :- The check kiting deposits a $200 check from account A to account B and immediately deposits a $200 check from account B to account A.
It is the practice of check kiting to deposit checks from one bank to another.
Check kiting Type: - Circular Kiting, The Endless Kite, Retail based kiting, Corporate Kiting
Check kiting Type: - Circular Kiting, The Endless Kite, Retail based kiting, Corporate Kiting
check kiting
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