Check Fraud Went Undetected for Almost 10 Years at Charleston-Based CresCom Bank - Lo

[FraudNews]

table border=0 cellpadding=2 cellspacing=7 style=vertical-align:top;trtd width=80 align=center valign=topfont style=font-size:85%;font-family:arial,sans-serif/font/tdtd valign=top class=jfont style=font-size:85%;font-family:arial,sans-serifbr /div style=padding-top:0.8em;img alt= height=1 width=1 //divdiv class=lha href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNEuCRijIqFGF7IjAsEU_8 Lx_yWGVQamp;url=http://www.loansafe.org/check-fraud-went-undetected-for-almost-10-years-at-charleston-based-crescom-bankbCheck bFraud/b Went Undetected for Almost 10 Years at Charleston-Based CresCom Bank/b/abr /font size=-1bfont color=#6f6f6fLoanSafe/font/b/fontbr /font size=-1Watts told shareholders that the alleged bfraud/b was discovered after March 31 and still is being investigated. Kiters try to take advantage of the lag between when a check is deposited and when it is cleared. The schemes typically involve rapid b.../b/fontbr /font size=-1 class=p/fontbr /font class=p size=-1a class=p href=http://news.google.co.za/news/more?pz=1amp;ned=en_zaamp;ncl=dbEIWhYXokwhspMnobrb and morenbsp;raquo;/b/nobr/a/font/div/font/td/tr/table

More... (http://news.google.com/news/url?sa=tfd=Rusg=AFQjCNEuCRijIqFGF7IjAsEU_8Lx_yWGVQ url=http://www.loansafe.org/check-fraud-went-undetected-for-almost-10-years-at-charleston-based-crescom-bank)