Five Star Bank v. Katherine Mott, et al.

District Court, W.D. New York·Decided August 17, 2026·No. 6:24-cv-06153·Unknown

Opinion

UNITED STATES DISTRICT COURT WESTERN DISTRICT OF NEW YORK

FIVE STAR BANK,

Plaintiff, Case # 24-CV-6153-FPG v. DECISION AND ORDER

KATHERINE MOTT, et al.,

Defendants.

INTRODUCTION Plaintiff Five Star Bank brings this action against Katherine Mott (“Mott”) and several related entities and individuals, alleging that Defendants engaged in a “fraudulent check-kiting scheme” that allowed Mott to “artificially inflate the balance” of her bank accounts and “create an artificial source of funding.” ECF No. 51 ¶ 2. Defendants move to dismiss the Amended Complaint pursuant to Rule 12(b)(6). ECF Nos. 69, 74, 75, 78, 80. Additionally, Plaintiff moves for an order of attachment as to each Defendant. ECF No. 93. For the reasons that follow, Defendants’ motions to dismiss (ECF Nos. 69, 74, 75, 78, 80) are GRANTED IN PART AND DENIED IN PART, and Plaintiff’s motion for an order of attachment as to each Defendant (ECF No. 93) is DENIED WITHOUT PREJUDICE. LEGAL STANDARD A complaint will survive a motion to dismiss under Rule 12(b)(6) when it states a plausible claim for relief. Ashcroft v. Iqbal, 556 U.S. 662, 679 (2009). A claim for relief is plausible when the plaintiff pleads sufficient facts that allow the Court to draw the reasonable inference that the defendant is liable for the alleged misconduct. Id. at 678. In considering the plausibility of a claim, the Court must accept factual allegations as true and draw all reasonable inferences in the plaintiff’s favor. Faber v. Metro. Life Ins. Co., 648 F.3d 98, 104 (2d Cir. 2011). However, the Court need not “accept conclusory allegations or legal conclusions masquerading as factual conclusions.” Id. (quotation omitted). BACKGROUND

On March 11, 2024, Plaintiff brought the instant action in this Court. ECF No. 1. On May 8, 2024, Plaintiff amended its complaint. ECF No. 51. In its Amended Complaint, Plaintiff names fifteen Defendants. The individual Defendants are Mott, Robert Harris (“Harris”), Kristina Bourne (“Bourne”), Taylor Pagano (“Pagano”), and Timothy Larocca (“Larocca”). Id. The other Defendants are Limited Liability Companies managed, operated, and/or controlled by Mott and/or Harris, namely KRM Events, LLC; Katherine’s on Monroe, LLC; The Divinity Estate and Chapel, LLC; KNC Elegance, LLC; 11 Wexford Glen, LLC; RCC Monroes LLC; NAF Remodeling LLC; Monroes at Ridgemont LLC; Crescent Beach at the Lake LLC; and Mott Management LLC (collectively the “Defendant Entities”). Id. The following facts are taken from the Amended Complaint, unless otherwise noted. A

check-kiting scheme “typically works as follows”: The check kiter opens an account at Bank A with a nominal deposit. He then writes a check on that account for a large sum, such as $50,000. The check kiter then opens an account at Bank B and deposits the $50,000 check from Bank A in that account. At the time of deposit, the check is not supported by sufficient funds in the account at Bank A. However, Bank B, unaware of this fact, gives the check kiter immediate credit on his account at Bank B. During the several-day period that the check on Bank A is being processed for collection from that bank, the check kiter writes a $50,000 check on his account at Bank B and deposits it into his account at Bank A. At the time of the deposit of that check, Bank A gives the check kiter immediate credit on his account there, and on the basis of that grant of credit pays the original $50,000 check when it is presented for collection.

By repeating this scheme, or some variation of it, the check kiter can use the $50,000 credit originally given by Bank B as an interest-free loan for an extended period of time. In effect, the check kiter can take advantage of the several-day period required for the transmittal, processing, and payment of checks from accounts in different banks. Williams v. United States, 458 U.S. 279, 281 n.1 (1982) (internal quotation marks omitted). In this case, Five Star Bank alleges that Mott, as well as the other individual defendants, engaged in a variation of such a scheme. Five Star Bank is a state-chartered bank that operates in Central and Western New York. ECF No. 51 ¶ 5. From late 2022 through 2024, Mott opened “30 business and personal accounts” with Five Star Bank. Id. ¶ 28. The Amended Complaint sets forth the details: • On November 29, 2022, Defendant Mott opened seven checking accounts, all “business” accounts on behalf of KRM Events LLC (accounts ending in -0529 and -0545), KNC Elegance LLC DBA The Wintergarden By Monroe’s (account ending in -0588), Katherine’s on Monroe LLC (account ending in -0596), The Divinity Estate and Chapel LLC (account ending in -0618), NAF Remodeling LLC (account ending in -0634) and 11 Wexford Glen LLC (account ending in -0642). [Defendant Robert Harris was an additional authorized signatory on the KRM Events LLC account ending in -0529.]

• On February 10, 2023, Defendant Mott opened one personal checking account.

• On February 14, 2023, Defendant Mott opened one personal CD.

• On February 24, 2024, Defendant Mott opened three business CDs, all with an opening deposit of $200,000.

• On April 18, 2023, Defendant Mott opened one business account on behalf of Monroes at Ridgemont LLC.

• On August 1, 2023, Defendant Mott’s father, Roger Mott, opened one personal CD and named Defendant Mott as a beneficiary on the account.

• On August 22, 2023, Defendant Mott opened one personal money market account with her son, Nicholas Formicola as beneficiary, and Defendant Robert Harris opened one money market account with Defendant Mott as the beneficiary.

• On August 23, 2023, Defendant Mott’s father, Roger Mott, opened one personal money market account with Defendant Mott as beneficiary.

• On September 6, 2023, Defendant Mott opened two business money market accounts for NAF Remodeling LLC and 11 Wexford Glen LLC. • On September 7, 2023, Defendant Mott opened three business money market accounts—two for KRM Events LLC and one for The Divinity Estate and Chapel LLC.

• On October 3, 2023, Defendant Mott opened two business accounts, one demand deposit account and one money market account, for RCC Monroes LLC and Monroes at Ridgemont LLC, respectively.

• On October 26, 2023[,] Defendant Mott opened one business money market account for KNC Elegance LLC d/b/a The Wintergarden By Monroes.

• On October 27, 2023, Defendant Mott opened one business money market account for Katherine’s on Monroe LLC.

• On November 16, 2023, Defendant Mott opened two business accounts, one demand deposit account and one money market account, for Crescent Beach at Lake LLC.

• On January 11, 2024, Defendant Mott opened two business accounts, one demand deposit account and one money market account for Mott Management LLC.

Id. ¶ 28(a)-(o).

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Five Star Bank v. Katherine Mott, et al., (W.D.N.Y. 2026).

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