Cellar change
As a basement change (also bastard change) are drawn bills of exchange that are given as security or on account of performance , which identify a person as a drawee who does not actually exist, or which contain worthless real signatures of wealthy people.
Although such bills of exchange are valid because of Art. 7 WG , the surrender of a cellar change by endorsement is a criminal offense of fraud , since in particular the guarantee function of the change is perverted.
The name cellar change comes from the fact that such changes have to shy away from daylight. In the best case, such bills of exchange are made with the intention of getting money instantly, but not to redeem them when they expire. That is why they are also called temporary changes. Usually this is fraudulent manipulation.
