816
Check-Kite Cases
| |
The United States Supreme Court has held that the depositing of
"bad
checks" in Federally insured banks is not proscribed by 18 U.S.C. §
1014.
United States v. Williams, 458 U.S. 279 (1982). Accordingly, check
kites
cannot be prosecuted under this statute. These cases should be prosecuted
under
18 U.S.C. § 1344 or, in appropriate cases, under 18 U.S.C.
§ 656.
[cited in USAM 9-40.000] | |