|
I would deposit the checks, knowing they are no good. At least you can write them off on your taxes if you do that.
As to reserves and monies, my guess is that Globill's banks have that money locked up tight for 6 months, regardless of when it was actually processed. This is a common happenstance in this type of situation.
The only money that Globill's owners have is what they got out with prior to their accounts being frozen... which generally comes without warning... I'm not saying they didn't know they were at tremendous risk, but Visa or the bank did not tell them they were getting ready to hammer them, since that would have allowed Globill to drain as much as possible from the accounts instead of having it held.
|