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Check kiting (en.wikipedia.org)

submitted 2 months ago by dantheclamman@lemmy.world to c/wikipedia@lemmy.world

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FYI since it's currently in the news

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[–] Itsamelemmy@lemmy.zip 3 points 2 months ago

I did this 20+ years ago after a bank stole my money with bogus overdraft fees and refused to reverse them. Rent was due. Wrote myself a check a withdrew my fucking money from the ATM. Never got in trouble but it was a few hundred not thousands like those idiots. Opened a new account elsewhere before check systems or whatever its called flagged me.