Myrtle Beach Man Indicted for Check Kiting Fraud

Columbia, South Carolina ---- United States Attorney W. Walter Wilkins stated today that Scott William Halterman, age 47, of Myrtle Beach, was charged in a federal Indictment with bank fraud, a violation of Title 18, United States Code, Section 1344.

Halterman is accused of kiting checks between accounts he controlled at two area banks, creating a loss of nearly $200,000.00 before the banks recognized the fraud.

The maximum penalty Halterman could receive is a fine of $1,000,000.00 and imprisonment of 30 years.

Mr. Wilkins stated that the case was investigated by agents of the United States Secret Service and that he has assigned the case to Assistant United States Attorney William E. Day, II, of the Florence office for prosecution.

The United States Attorney stated that all charges in this Indictment are merely accusations and that all defendants are presumed innocent until and unless proven guilty.