However, your feedback is important to us. The colon is part of the large intestine, the final part of the digestive system. Its function is to reabsorb fluids and process waste products from the body and prepare for its elimination. The colon consists of four parts: descending colon, ascending colon, transverse colon, and sigmoid colon.
Electronic Banking, Check Fraud, and Positive Pay. Check fraud statistics. According to the FBI, fraud costs consumers, banks and businesses $18 to $20. billion per year. In a 2003 survey of member banks, the ABA found that losses from check. fraud cases totaled $677,000,000. American Bankers Association (ABA) states that an average of 1.2 million. fraudulent checks enter the system each day and losses are growing 2.5%. annually â in spite of declining check volume.
If what you're asking is about deposit account fraud, then the answer to your question is that if the face amount of the check was less than $500.00 then it is a misdemeanor. The maximum possible jail time for a misdemeanor is 12 months in the county jail and the minimum is a monetary fine. If the check was for more than $500.00 then it is a felony punishable by a maximum of 3 years in prison and a minimum of 1 year on probation.