What Is Check Kiting – A Felony or a Misdemeanor? The check-kiting statute of limitations will depend on many factors, including the state and whether the defendant is charged under federal or state law. In these cases, the legal penalties will be even more severe. For example, if they float several different checks through different bank accounts. However, corporations and large businesses may also be found guilty of check-kiting on a larger scale. This type of crime is typically thought of as a crime that is committed by individuals. Even a first-time offender may face stiff penalties, in some cases resulting in criminal fines of more than $500,000 and jail time of more than 20 years.Īn offender may also face civil charges in addition to criminal charges if the bank or banks involved decide to sue to recover their losses. It is considered to be a serious crime.Ĭheck kiting is one of the most strictly enforced types of white-collar crimes. In most countries, check kiting is illegal. What Are the Legal Penalties for Check Kiting?
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