A former Capital Region construction company owner admitted in court that he ran a check-kiting scheme that prosecutors say helped fuel more than $1.5 million in losses and left subcontractors unpaid, ...

Two officials with Ohio-based Dart Trucking have been found guilty of bank fraud charges related to a $3.6 million check-kiting scheme. The U.S. Attorney’s Office for the Northern District of Ohio ...

Add Yahoo as a preferred source to see more of our stories on Google. The Crescent Beach restaurant on Edgemere Drive in Greece was purchased in November. The owners have a target date of May for the ...

Local restaurateur Katherine Mott has pleaded guilty to a check-kiting scheme, admitting in federal court that she created numerous bank accounts to kite millions of dollars. The plea on Monday, which ...

Rochester, N.Y. (WHAM) — New court filings are shedding more light on a nearly $19 million check-kiting scheme involving prominent restaurant owner Katherine Mott-Formicola of Pittsford, along with ...

Add Yahoo as a preferred source to see more of our stories on Google. The federal courthouse in Sioux Falls. (John Hult/South Dakota Searchlight) The federal courthouse in Sioux Falls. (John ...

This September, thousands of misguided TikTok and X users took part in a viral trend involving Chase Bank. After learning about a so-called "infinite money glitch" through various posts, the social ...

EagleBank, a community bank operating in Maryland, Virginia and the District of Columbia, along with its parent company Eagle Bancorp Inc., has entered into a non-prosecution agreement and will pay ...

CLEVELAND (AP) -- A businessman who orchestrated a $180 million check-kiting scheme and used the proceeds to live a lavish lifestyle and amass one of the world's most revered classic car collections ...

What’s old is new again…Mid-market and small banks are as vulnerable as ever to check kiting schemes due to limited resources and outdated technology, if not more due to the rise in check fraud.

A former executive at the O'Fallon, Illinois-based Bank of O'Fallon this week pleaded guilty to check kiting and investment fraud from which he gained more than $2 million and left a retired Illinois ...

A lawsuit filed in federal court this week accuses local restaurant owner Katherine Mott and a business partner, Robert Harris, of an $18.9 million "check kiting" scheme. So just what is check kiting?