If you are convicted of check kiting, what is the punishment?

Answer by  patti (29325)

The laws vary from state to state, so it depends on where the crime took place. There would be consideration, too, to the extent of the activity, the circumstances and the criminal past of the accused.

Answer by  patti (29325)

It depends. There are many consideration the court will make before determining the penalty. The range of penalties depends on the state in which the crime was committed.

Answer by  flamiss22 (5081)

If you are convicted of check kiting you can do jail time but most first time offender is usually given probation and community service. However the more serious punishment is you will most likely will never be able to open a bank account at any US banking institution again.

Answer by  tml (538)

Check kiting is financial fraud. You will be charged with a felony. If found guilty, you will likely spend time in prison and have to pay a fine.

Answer by  withsmluck (793)

Check kiting can be prosecuted under a variety of charges that include bank fraud and bouncing a check. It is a felony, and can be punished severely in most states. Different states do have different laws regarding check kiting. First time offenders as well as repeat offenders receive severe punishments.