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Check kiting is a major check fraud exposure to commercial banks. Check holds can prevent it . Typically their is another bank involved in the
Check kiting is a major check fraud exposure to commercial banks. Check holds can prevent it Typically their is another bank involved in the scam. The issue is the checks are getting paid based on fictitious balances by manipulating the check clearing process. Discuss some possible ways to identify and prevent check fraud in the form of check kiting.
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