JP Morgan Chase is suing customers over ‘infinite money glitch’ ATM scam

Photo caption: The JPMorgan Chase headquarters building is seen in New York City. The banking giant is filing lawsuits against customers who exploited a viral technical glitch this summer that allowed people to pull huge amounts from Chase ATMs. Photo credit: Michael M. Santiago / Getty Images. Article by Alana Wise. NPR – October 29, 2024.

JPMorgan Chase has begun filing lawsuits against customers who took advantage of an “infinite money glitch” this summer — a technical issue with the bank’s ATMs that allowed people to deposit bogus checks and withdraw the money from their accounts. The trend shot across social media with TikTok users broadcasting how to deposit the fraudulent checks and walk away with huge sums of cash. […]

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