Extortion. Bribery. Counterfeiting. Most of us know these words can get us thrown in jail. But what about other financial habits? Are there other, less known financial actions that can also land us in the slammer?
Yes, according to what a recent BankRate.com article revealed.
…it’s surprisingly easy to adopt a dicey financial habit under the guise of “everyone does it,” “I was just trying to help” or “it seemed like a good idea at the time” only to discover later that what you’ve done is in fact, illegal.
What are those under the radar bad money habits?
… Read the rest
1. Signing Someone Else’s Name on a Check – Signing someone else’s name on a check is generally considered forgery and would be illegal in most states…But suppose an adult child signs an elderly parent’s name because the parent is incapacitated or a parent signs a child’s name because the child is away at college.