Source: http://newjerseyfraudlawyer.com/types-of-fraudwhite-collar-crimes/new-jersey-check-fraud/
Timestamp: 2017-06-29 16:03:51
Document Index: 130922241

Matched Legal Cases: ['§ 2', '§ 20', '§ 10', '§ 5', '§ 1', '§ 2', '§ 2', '§ 2', '§ 22', '§ 1']

New Jersey Check Fraud- New Jersey Fraud Lawyer
New Jersey Check Fraud
Home → Types of Fraud/White Collar Crimes → New Jersey Check Fraud New Jersey Check Fraud Attorneys
In New Jersey, State Check Fraud charges usually stem from several different New Jersey Statutes; theft, forgery, uttering and bad checks.
Forgery is the act of signing the signature of a check for another without the authorization of that person. Presenting the forged a check results in the criminal charge of uttering. If the defendant is successful in obtaining money from presenting the forged check, they will also be charged can be theft. Finally, when the defendant writes a check and it bounces and then fails to make good on the check, the defendant will be charged with the crime of bad checks.
New Jersey Fraud and Related Offenses
L.1978, c. 95, § 2C:21-1, eff. Sept. 1, 1979. Amended by L.1981, c. 290, § 20, eff. Sept. 24, 1981; L.1996, c. 154, § 10, eff. Jan. 6, 1997; L.1997, c. 6, § 5, eff. Jan. 24, 1997; L.2001, c. 110, § 1, eff. June 21, 2001; L.2002, c. 85, § 2, eff. Oct. 16, 2002.
A person commits a crime of the fourth degree if, with purpose to defraud anyone or with knowledge that he is facilitating a fraud to be perpetrated by anyone, he makes, alters or utters any object so that it appears to have value because of antiquity, rarity, source, or authorship which it does not possess.
L.1978, c. 95, § 2C:21-2, eff. Sept. 1, 1979.
Bad Checks in New Jersey
2C:21-5. Bad checks
b. Payment was refused by the drawee for lack of funds, or due to a closed account, after a deposit by the payee into a bank for collection or after presentation to the drawee within 46 days after issue, and the issuer failed to make good within 10 days after receiving notice of that refusal or after notice has been sent to the issuer’s last known address. Notice of refusal may be given to the issuer orally or in writing in any reasonable manner by any person.
(1) a crime of the second degree if the check or money order is $75,000.00 or more;
(2) a crime of the third degree if the check or money order is $1,000.00 or more but is less than $75,000.00;
(3) a crime of the fourth degree if the check or money order is $200.00 or more but is less than $1,000.00;
(4) a disorderly persons offense if the check or money order is less than $200.00.
L.1978, c. 95, § 2C:21-5, eff. Sept. 1, 1979. Amended by L.1981, c. 290, § 22, eff. Sept. 24, 1981; L.2002, c. 65, § 1, eff. Aug. 14, 2002.
Federal Check Fraud & Check Kiting Attorneys
The most common Federal Check Fraud cases involve check kiting. This crime takes advantage of the float to make use of non-existent funds in a bank account. The crime occurs when one intentionally writes a check for a value greater than the account balance from an account in one bank, then writing a check from another account in another bank, also with non-sufficient funds, with the second check serving to cover the non-existent funds from the first account. The purpose is to falsely inflate the balance of a checking account in order to allow checks that have been written that would otherwise bounce to clear.
If the defendant does not plan on replenishing the account, then the fraud is known as paper hanging. Some complex kiting rings involve creating sham businesses thereby masking their activity as normal business transactions and making banks inclined to waive the limit of funds made available. These crimes often involve a number of other serious crimes including tax evasion and money laundering.
Types of Fraud Crimes in New Jersey
Types of New Jersey FraudNew Jersey Theft Definitions