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Why is passing bad checks called kiting?

Updated: 4/28/2022
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11y ago

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...because there are no funds supporting the check...it is only supported by AIR, like a kite.

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11y ago
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Q: Why is passing bad checks called kiting?
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Related questions

What can a company do to prevent kiting?

Kiting is writing a bad check to get money to deposit in a bank account to cover another outstanding check. While this practice used to be very common, it is much harder to do now that so many companies process checks electronically. To prevent kiting, a company should process all checks at the end of the day.


Is passing bad checks a Federal crime?

It can be. . . especially if they are instruments issued by the US Government.


What are some different kinds of check fraud?

Check washing, kiting (more than one bank you have and you write bad checks to cash at your other bank)


What are writers of bad checks called?

Writers of bad checks are commonly referred to as "bouncers," "check bouncers," or "check floaters." They issue checks knowing there are insufficient funds in their account to cover the payment, causing the check to bounce when processed by the bank.


Can you go to jail for cashing a duplicate check of 500 dollars?

Possibly intentionally passing bad checks is a serious crime and the DA usually investigates every reported occurrence.


Why is a check called a kite?

It isn't. "Kiting a cheque" is slang for writing a bad cheque when there is no money in your account. A kite is made of paper and has nothing between it and the ground - a bad cheque is paper and has no money behind it - you can see the similarities that made people start using the term "kite" to mean "writing a bad cheque."


How many bad checks can you write before going to jail?

One. Writing bad checks is illegal and you can be jailed even for the first bad check you write. It would be a real bad idea to write bad checks because the police officers can arrest you everytime you do so.


What is the statute of limitations on bad checks?

== ==


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What are the consequences for writing bad checks in pa?

If someone writes 4 bad checks that were post dated what charges would they be facing in this situation.


What to do if someone passes you a check on a closed account?

If they passed the check to you in payment AND they KNEW the account was no good they committed "fraud." You should report it to the police, they can be charged with passing bad checks (or whatever the law of your state call it).


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Passing salt was not bad luck. Spilling salt was bad luck because in Roman days, salt was very expensive.