Quote Originally Posted by jcormier89 View Post
i dont remember exactly, but i was reading somewhere that the checks actually clear the bank...but like a few weeks later the bank finds otu its a fake and then the cost goes to whoever cased/deposited it.
The checks don't clear. They just allow you access to the funds before it clears. Most banks don't do this unless they know you really well and you have a history of depositing large checks. My bank will allow me access to the checks that I deposit only because of my outstanding track record of cashing checks.