Sentences with phrase «fake cheque»
The phrase "fake cheque" refers to a check that appears to be genuine but is not legally valid or backed by sufficient funds. It may be counterfeit or created fraudulently to deceive people into believing they have received payment. Full definition
If you never specify where you are taking power from, its like your dragon is without ahead, you have nothing that determine where you are going, and where you are taking things from — like a fake cheque, without a bank name, an account number, and a signature.
tinyatdragon.com
Upon discovering these frauds, banks generally reverse the credit that was given on the deposit of the fake cheque.
Because the lawyer already disbursed funds in reliance on the fake cheque, this reversal removes trust funds belonging to other clients and / or leaves the lawyer's trust account with a negative balance.
Fraudsters claiming to be legitimate clients would have a lawyer deposit a fake cheque into a trust account and prompt the lawyer to wire good money elsewhere.
«When the fraudsters are setting up the time for the fake cheque to show up and go through the lawyers» office, if that happens just before a long weekend, when people are otherwise busy and rushing, there is a better chance that the fraud will go through undetected,» he says.
The fake cheques will be printed on real cheque stock and in the past have fooled bank tellers and branch managers.
A series of emails were then exchanged, culminating in a fake cheque arriving at the law firm.
Because the lawyer already disbursed funds in reliance on the fake cheque, this reversal...
A Toronto lawyer has reported to LAWPRO that almost $ 80,000 was removed from his trust account over the last four days by a series of 10 fake cheques.
These are simple bad - cheque scams packaged in a legitimate looking legal matter that is a set - up to have you deposit a fake cheque into your trust account.
You will then receive a fake cheque that will look real as it has been printed on real cheque stock.
In this scam lawyers will be duped into wiring real funds from their trust accounts after depositing a fake cheque received as payment from the debtor (who is part of the fraud).
They are usually built on the premise of the lawyer receiving a payment (e.g. a debt collection, a loan or equipment purchase), which comes in the form of a fake cheque or bank draft.
In this scam lawyers will be duped into wiring real funds from their trust accounts after depositing a fake cheque received as payment from the purchaser (who is part of the fraud).