How To Stop Check Kiting Scams

How to stop check kiting scams

Check kiting is one of the many ways your financial securities can be violated.   It constitutes a type of bank fraud very popular in the early 2000’s, that was in its majority shut down by a regulation called check 21 act.  Even though not as common as it used to be, check kiting is […]

Uniform Fraudulent Transfer Act

uniform fraudulent transfer act

Effective January 1, 1990, Illinois adopted the Uniform Fraudulent Transfer Act. “The purpose of the Uniform Fraudulent Transfer Act is to prevent fraudulent transfers of property by a debtor who intends to defraud creditors by placing assets beyond their reach.” Zurich American Insurance Co. v. Personnel Staffing Group, LLC, 2018 IL App (1st) 172281, ¶18, 105 N.E.3d […]