Chase Bank Clarifies Viral ATM Fraud
Chase Bank Clarifies Viral ATM Fraud

Chase Bank Clarifies Viral ATM Fraud

News summary

A viral TikTok trend has led Chase Bank customers to commit check fraud by exploiting a supposed ATM glitch that allowed them to deposit fake checks and withdraw funds before the checks bounced. Chase has clarified that this 'glitch' is fraud, and the bank has since fixed the issue, leaving many participants with overdrawn accounts and potential legal consequences. Videos showing people flaunting ill-gotten cash have circulated widely on social media, but financial experts warn that such actions are illegal and can result in severe penalties. Chase Bank has emphasized that depositing fraudulent checks and withdrawing the funds is a criminal offense, regardless of social media trends.

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Left 46%
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15
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6
Center
2
Right
5
Unrated
2
Last Updated
76 days ago
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46% Left
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