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Old 04-02-2025, 12:31 PM   #3987
I-Hate-Hulse
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Quote:
Originally Posted by calgarygeologist View Post
This is the weirdest part of this article:

Quote:
Meanwhile south of the border, three hog-feeding subsidiaries of Sunterra Enterprises — Sunwold Farms Inc., Sunterra Farms Iowa Inc., and Lariagra Farms South Inc., are named in a lawsuit, allegedly related to a cheque-kiting scheme.

Cheque-kiting is a term used to describe a scheme in which cheques are knowingly written on an account that has insufficient funds and covered with cheques drawn on another account that also has insufficient funds to delay default on payments owed.
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