nowayjose081 t1_iyeptn1 wrote
Reply to comment by Common_Technologies in ELI5 why fraudsters like Anna Sorokin managed to deposit bad checks and immediately withdraw cash elsewhere without banks stopping it? by 6horrigoth
>Because that process takes time, up to several days. And if it took several days for people to get money from their check no one would use it. So instead they give you the money immediately while the transaction is verified.
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