West Alabama Bank revealed and stopped the check kite
in February 2012.
The defendant directed the actions of those below him and in fact at one point told [staff accountant] Terry Williams that Williams did not make enough money to worry about the check kite
Dubree, New York City Field Office, developed the Check Kite
Analysis System, in conjunction with the Technical Services Division, FBI Headquarters, Washington, DC.
The indictment alleges that shortly after the banks discovered the first check kite
, PATEL launched a second one, this time using accounts at Citizens Bank (in Boston), Pan American Bank (in California), and Carolina First Bank (in South Carolina).
Altschuler successfully prosecuted a $310 million check kite
case and was instrumental in prosecuting one of the first high-technology transfer cases in 1989.
Scarpaci admitted to his personal involvement in fraud relating to eight loans, as well as the execution of a check kite
in July, 1989 on the Abelson, Cohen & Scarpaci attorneys' escrow account.