A man walks into a bank and convinces the bank manager to give him a $400,000 cashiers check even though he only has $10,000 in his account. The man then uses the cashiers check to purchase diamonds and flees the country. Which of the following is true with respect to this fraud?
A) The fraud is a criminal offense
B) The fraud is a civil offense
C) This fraud can be classified as "customer fraud"
D) All of the above are correct.

Question

Quizplus · Accepted Answer

D: Correct. A, B, and C are all true with respect to this fraud.

A Man Walks into a Bank and Convinces the Bank