EC5--Movie, book, TV show, or song - Essay Example

Check Fraud In the recent past, all major transactions between two individuals and/or companies was done by means of check. They are still widely sued today. However, there have been numerous instances of check fraud where the party issuing the check, alters the check intentionally so as to either defraud the financial institution, or the party receiving the check. However, according to the law through Code section 3-118(b) and (c), superseded by section 3-114 (1991), there are procedures to be followed when the figure or value that is expressed in words does not tally with the figure that is expressed in numbers.

According to the law, the figure or value that is expressed in words is meant to govern over the value expressed in words as the figures expressed in words are much more difficult to alter. In essence, the words control the figures up until the point where the words are considered ambiguous.“Catch me if You Can” is a biography that is founded on the life and experiences Frank Abagnale, a young man who managed to rip off millions of dollars from the bank through check fraud. He manages to do this by posing as pilot from Pan American World Airways, a doctor from Georgia and a parish prosecutor from Louisiana.

This is relevant to the theme by virtue of highlighting the different loopholes within the security and scrutiny of checks and how individuals manage to circumvent these loopholes. The movie shows how check fraud is conducted by individuals and/or corporates with the aim of ripping of financial institutions. However, the law has prescribed different measures for punishing the culprits and recovering the fraudulently obtained money.Works CitedIMDB. Catch Me If You Can. 21 December 2002. Internet Source.

27 June 2014. .