[Raycpa]

I discovered a check kiting scheme about 10 years ago that caused the loss of about 1 million. It was impossible for the various banks to be ignorant of it but that is what they claimed.

The truth I believe is they really didn't want to know because if they stopped it they would be the ones to lose both the money and probably their jobs. They turned their heads hoping it would go away of the other banks would take the hit.

[Wally_Kalbacken]

This guy had to be dancing as fast as could - even under the old check clearing regime.