Chase 'Infinite Money' Glitch

By: Quiet.Please
  • Summary

  • JPMorgan Chase is suing customers who allegedly defrauded the bank by taking advantage of a technical glitch that allowed them to withdraw funds from ATMs before a check bounced. This "infinite money glitch" went viral on social media platforms like TikTok. The bank filed lawsuits in multiple federal courts, targeting individuals who withdrew the highest amounts. The lawsuits are likely the first step in a wave of litigation aimed at recovering stolen funds, signaling that JPMorgan will not tolerate fraud.
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Episodes
  • Chase Infinite Money Glitch
    Oct 29 2024
    JPMorgan Chase is suing customers who allegedly defrauded the bank by taking advantage of a technical glitch that allowed them to withdraw funds from ATMs before a check bounced. This "infinite money glitch" went viral on social media platforms like TikTok. The bank filed lawsuits in multiple federal courts, targeting individuals who withdrew the highest amounts. The lawsuits are likely the first step in a wave of litigation aimed at recovering stolen funds, signaling that JPMorgan will not tolerate fraud.
    Show more Show less
    14 mins

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