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But then he would have broken the law by passing a knowingly bad check.
by SteveGerencser 5y ago
But then he would have broken the law by passing a knowingly bad check.
- SkittyDog 5y agoPotentially, depending on the state... But in California and many other states, its not actually a crime to simply pass a check that you know will bounce. There's another essential element of the crime: Intent to defraud the recipient of the check. So if he felt confident in demonstrating that he had financial backers who'd cover the $700k if Pepsi delivered the airplane, then he might be able to beat the check fraud charge. But yeah, it seems like a pretty dangerous gamble to me.