Kiting

The video tutorial explains the fraudulent use of financial instruments, focusing on kiting. It covers altering the value of checks to gain financial leverage, issuing checks from fraudulent accounts or those with insufficient funds, and presenting the same check at multiple banks to receive multiple payments. The tutorial concludes with a summary of kiting as a fraudulent practice for personal gain.

What is the general definition of kiting in the context of financial instruments?

Describe a scenario where a check is issued from a fraudulent account.

What does it mean to present the same financial instrument for payment at multiple locations?

Explain how kiting can lead to financial gain for an individual.

What are the potential consequences of engaging in kiting?