Prosecutors are currently working to decipher the extent of Lai's money farm and forced cashier's checks
Rule 5-1.1(j) of the Rules Regulating the Florida Bar permits attorneys to disburse against uncollected cashier's checks
in the trust account.
Scammers have been mailing fake Pima Federal Credit Union cashier's checks
across the nation to unsuspecting consumers who were selling products or applying for secret shopper jobs on Craigslist.
The platform now more comprehensively distinguishes among money orders, cashier's checks
, personal checks and business checks.
The indictment alleges that Sweet used his position at One Bank to obtain and sign 30 cashier's checks
drawn on a clearing account at the bank from January 2009 to October 2011.
are utilized by con-artists to defraud gullible consumers who accept these checks as payment for a product or service.
In addition, the government seized their house, a 2005 Mercedes C230, a 2004 Hummer H2, electronics, furniture and jewelry worth an estimated $300,000, as well as $200,000 worth of cashier's checks
Currency can be used to purchase cashier's checks
and money orders that can be deposited into other institutions.
Specifically, wire transfers and cashier's checks
are deposited as credits in a casino account.
Certified or cashier's checks
are required to bid on all properties.
and foreign currency, as well as monetary instruments with face value amounts of less than $10,000 (if the face value is more than $10,000, the funds would have been reported when the monetary instrument was purchased); these include cashier's checks
, bank drafts and traveler's checks.
While banks and corporations have always been subject to forgeries and bogus checks, scanning and laser printer technology is making it increasingly easier and affordable for crooks to make bank and cashier's checks
. No more tedious hand work or exacting cutting and pasting.