A woman pleaded guilty Thursday to defrauding banks for a total of around $27,500.
Amanda Hollmer used a scheme sometimes called “check kiting,” where you open a checking account at one bank and deposit checks from another financial institution into the account. While the checks are being processed, you withdraw the money. Oftentimes, the checks that were deposited come from accounts that had been closed or have insufficient funds.
The 36-year-old Amherst woman could be sentenced to a maximum of 30 years in prison in April for bank fraud.