Last month, a major regional bank filed suit against a New York entrepreneur, alleging a check-kiting scheme that processed more than $72 million in fraudulent checks, resulting in $27 million in ...

There is no such thing as free money, but some people online had to learn that lesson the hard way. A viral trend that offered a hack for “free money” has turned out to be nothing more than check ...

Charles Schwab was slapped with a $1 million fine for failing to protect customer assets from a check-kiting scam engineered by its affiliated-but-independent registered investment advisors in ...