Gerome has two checking accounts at two banks across town from each other. Gerome is paid on Fridays. On Wednesday, he must pay his electric bill. He has no money in either account and knows it. He deposits a check drawn on Bank A into Bank B and writes a check for the electric bill on Bank B. On Thursday, he deposits a check drawn on Bank B into Bank A. On Friday, he deposits his paycheck in Bank B. The check is more than enough to cover the electric bill check and the previous deposits and no checks bounced. Which one of the following crimes may Gerome have committed?
A) check kiting.
B) counterfeit check writing.
C) creative finance.
D) check alteration.
E) no crime, as the checks were all good by the time they cleared.
Ans: A) check kiting.
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