Paper hanger
Term · Law · MLC-T-LAW-003609
An individual who passes bad checks or other fraudulent financial instruments. This person knowingly presents a worthless check or forged document as if it were legitimate, intending to defraud the recipient. The act constitutes a form of financial fraud, often prosecuted under state or federal laws prohibiting forgery and uttering a false instrument.
| Identifier | MLC-T-LAW-003609 |
|---|---|
| Field | Law |
Record as JSON
{
"id": "MLC-T-LAW-003609",
"term": "Paper hanger",
"field": "Law",
"definition": "An individual who passes bad checks or other fraudulent financial instruments. This person knowingly presents a worthless check or forged document as if it were legitimate, intending to defraud the recipient. The act constitutes a form of financial fraud, often prosecuted under state or federal laws prohibiting forgery and uttering a false instrument.",
"url": "https://mlchart.com/terminology/law/paper-hanger/"
}
Record 3,607 of 5,439 in Law terminology (MLC-0107). Request the full dataset.