Ansuz07 t1_iyegisl wrote
It's very common for banks to make a portion of a deposit available immediately as a courtesy for its customers. While it may take several days for the checks to clear and the customer to access all of the deposit, it does tend to keep them happy if the bank floats a portion of the difference for a couple of days.
Sorokin took advantage of this fact, depositing hundreds of thousands of dollars in bad checks, while only withdrawing tens of thousands against them.
[deleted] t1_iyeqsix wrote
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