Editing Bank fraud (section)

====Uninsured deposits====
A bank soliciting public deposits may be uninsured or not licensed to operate at all. The objective is usually to solicit for deposits to this uninsured "bank," although some may also sell stock representing ownership of the "bank." Sometimes the names appear very official or very similar to those of legitimate banks. For instance, the unlicensed "Chase Trust Bank" of [[Washington D.C.]] appeared in 2002, bearing no affiliation to its seemingly apparent namesake; the real [[Chase Manhattan Bank]]<ref>{{cite web|url=http://www.jpmorganchase.com/|title=Home - JPMorgan Chase & Co.}}</ref> is based in New York.
[[Accounting scandals|Accounting fraud]] has also been used to conceal other theft taking place within a company.