I have an overdrawn business checking account to the tune of $17,000. Can the bank file federal charges against me?
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Possibly yes, although overdrawn accounts are usually handled at the state level. If an insured bank believes that fraud might be involved in an overdraft, it can pursue a federal charge.
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Possibly yes, although overdrawn accounts are usually handled at the state level. If an insured bank believes that fraud might be involved in an overdraft, it can pursue a federal charge.
