question about bounced check

[stashthegumbo]

What is the name of your state? New York

Ok so I wrote out a check for $150 from Bank A and deposited the check into Bank B. I thought the check had cleared so I used the $150 that was in the account because it was available. Their was not enough money in Bank A to cover the check so the check bounced. Now Bank B is telling me I must pay them within 24 hours or else I will face much harsher repercussions which they won't tell me. I don't have the money at this time, is their anything this bank can do besides charge me a NSF fee? would this be considered criminal fraud where I could possiblely go to jail? Please give me so advice here, im kinda worried.
thanks

[Ozark_Sophist]

Sounds like check kiting.

If you had the money in Bank A to cover the check, why don't you just give to Bank B. Criminal charges are likely.

[stashthegumbo]

do you think the bank would pursue this over $150 and what type of penalties could I be seeing in New York?

[Ozark_Sophist]

Yes, the bank is bound to pursue this as they have an obligation to the depositors.
Possible punishments (from low to high)
At the very least, passing a bad check would be a Class B Misdemeaner with a fine of up to $500.
Bank fraud could result in up to 30 years and/or a fine of up to $1,000,000.