JPMorgan Chase has begun suing customers who allegedly exploited a so-called 'infinite money glitch,' which became popular on TikTok, allowing some to withdraw money from checks deposited at ATMs before they cleared. This trend resulted in fraud disputes, with the bank accusing individuals of taking out amounts ranging from $73,000 to $300,000. The behemoth bank has filed lawsuits in various states, sent over 1,000 demand letters to customers, and noted that check fraud cases have surged dramatically since the pandemic.
JPMorgan Chase has initiated lawsuits against customers for allegedly exploiting a so-called 'infinite money glitch' that has led to significant check fraud activities.
The trend saw customers taking advantage of ATM deposits for checks and withdrawing funds before they bounced, drawing nationwide attention and complaints.
Collection
[
|
...
]