this post was submitted on 21 Sep 2024
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Technology
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This is not about tech bros but ...
A friend was just telling me he's seen more than one TikTok video extolling the idea that you can deposit a bogus 10,000 check to your own account, then pull that money as cash from an ATM and boom! Free 10,000.
He said, "Gen Z just invented check kiting".
The only way that works without federal prison time is to do it a huge scale and then convert it to Bitcoin as you leave the country forever to another country without extradition laws. They'll take the cash from you at the border, and send you right back to federal prison and you'll be unable to open another bank account.
NGL sounds like a solid plan to me.