The government views these sight drafts as " rubber checks " and the entire scheme as fraudulent.
2.
The shipper's sight draft upon the Draper-Garrett Grocery Company, for $ 1, 109.89, covering the price of the flour, with a carrying charge, was attached to the bill of lading and forwarded to a bank in Bainbridge for collection.
3.
Redemptionists assert that by completing certain legal maneuvers and filing a series of government forms, the actual person may entitle himself or herself to the $ 630, 000 held in the name of the doppelganger persona created for him or her at birth, and may then access these government funds using " sight drafts ".
परिभाषा
a draft payable on presentation पर्याय: sight bill,