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Kiting (Fraud) - Explained

What is Kiting?

Written by Jason Gordon

Updated at April 2nd, 2023

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What is Kiting?

When someone uses a financial document or instrument fraudulently, they are said to be kiting. For example, kiting occurs when one alters the value of a financial instrument such as a check in order to gain financial leverage or when one intentionally issues a check for an account with insufficient funds.

Back To: COMMERCIAL LAW: CONTRACTS, PAYMENTS, SECURITY INTERESTS, & BANKRUPTCY

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