A Clermont County grand jury has indicted a 46-year-old woman accused of victimizing a person by forging $92,000 worth of checks.
Denise Seitz, 46, was indicted for theft involving a person in a protected class. Seitz worked for Angles4Life in Anderson Township. They do home care for people with disabilities.
Seitz financially victimized a person between October 2017 and January 2018, deputies say, by forging $92,000 worth of checks. The victim has learning disabilities.
Shellie White Fisher, the owner of Angels4Life, says Seitz was terminated immediately when she found out.
“Blown away. I was blown away. I didn't believe it,” she said.
The discovery was made by employees of Fifth Third Bank.
Clermont County deputies arrested Seitz for what’s called check kiting.
A dictionary defines it this way: check kiting is a form of check fraud involving taking advantage of the float to make use of non-existent funds in a checking or other bank account. Instead of being used as a negotiable instrument, checks are misused as a form of unauthorized credit. A person opens checking accounts at Bank A and Bank B. Initially, they deposit $500 in Bank A and $0 in Bank B. Then writes a $10,000 check on their account at Bank A and deposits it in Bank B. Unaware that they have insufficient funds in the account at Bank A, Bank B immediately gives them credit on their account. During the three business days it takes Bank B to clear the check on account at Bank A, the suspect writes a $10,000 check on account at Bank B and deposits it in Bank A to cover the first $10,000 check. Bank A immediately gives them credit on their account, and Bank B clears the first $10,000 check.
In simple terms, it's writing checks between banks where the money doesn't really exist -- but the bank thinks it’s real and gives credit.
Seitz is to appear in court March 21. FOX19 NOW reached out to her for comment and she declined.
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