Man Cashes $8,400 Bad Check at Fox Point M&I Bank
This is the second time he's tried to pass a bad check in the North Shore.
A 43-year-old Whitefish Bay man didn't get a second chance after he tried to run another worthless check heist at the Fox Point M&I Bank.
On Oct. 22, the man went into M&I Bank in Fox Point and opened an account in his daughter's name according to Fox Point police. On Nov. 14, he deposited a check for $8,400 drawn on a TCF Bank account. Just one day later, he nearly emptied the account, withdrawing $8,210 from an M&I Bank in Mequon, the report said. The check was returned to the bank on Nov. 18, and bank employees discovered the TCF Bank account the check was drawn on had been closed since August 2007.
But this isn't the first time this man has drawn a large check on a closed account.
On July 11, he deposited a check into an account in his son's name. The check was issued from a closed Bank Mutual account. He followed the same procedure, depositing the check and withdrawing nearly all the funds the following day. In that case, Whitefish Bay police presented the case to the Assistant District Attorney Kayrn Behling, but the man was allowed to make restitution in lieu of being charged. He did pay off the entire amount as of Oct. 13.
However, the bank was not going to extend the same courtesy twice.
An M&I Bank fraud investigator said they received a message from the man wanting to set up another payment plan, however, because this is not the first time he's tried this scheme, the bank wants full payment immediately. With all fees, the total restitution amount is $8,209.74.
The man was issued a municipal citation for the issuance of a worthless check by Fox Point police. No criminal charges will be issued by the district attorney police say.