Published 4 months ago • loading... • Updated 4 months ago

JPMorgan begins suing customers who allegedly stole thousands of dollars in ‘infinite money glitch’

JPMorgan Chase has filed lawsuits in at least three federal courts against customers who allegedly stole thousands of dollars from ATMs using a glitch.
The bank is pursuing the return of stolen funds with interest, overdraft fees, and punitive damages.
JPMorgan's security team contacted alleged fraudsters, stating there has been no repayment, violating the deposit agreement.

Insights by Ground AI

Does this summary seem wrong?

113 Articles

All

Left

Center

Right

Georgia Public Broadcasting

JPMorgan Chase is suing some customers over 'infinite money glitch' ATM scam

JPMorgan Chase has begun filing lawsuits against customers who took part in an “infinite money glitch” — a technical issue with the bank’s ATMs that allowed people to deposit bogus checks and withdraw the money from their accounts. Andrew Mambo speaks with NPR's Alana Wise.

4 months ago·Georgia, United States

Read Full Article

River Front Times

JP Morgan Chase is in its Lawsuit Era After Viral Chase Glitch

A TikTok trend that encouraged viewers to take advantage of a "glitch" in the Chase Banking system was unknowingly encouraging users to commit bank fraud. JP Morgan Chase is now in the process of filing lawsuits against those who fraudulently withdrew cash as a result of the viral trend.

4 months ago·St. Louis, United States

Read Full Article

retailwire.com

JPMorgan Chase Suing Customers for Check Fraud After ‘Infinite Money Glitch’ - RetailWire

In four civil lawsuits filed in three federal courts, banking behemoth JPMorgan is demanding the return of money allegedly withdrawn from Chase ATMs through a technical error collectively called the “infinite money glitch.”

JP Morgan Chase Suing Over "Infinite Money Glitch"

YouTube @ NBC News JP Morgan Chase is suing customers who allegedly stole money from ATMs through a method that went viral on social media. Nicknamed the “infinite money glitch,” and more accurately called fraud, people would deposit bad checks and then withdraw the money before the check could be rejected. The bank on Monday started suing some of the people who allegedly stole the most, including a Texas man who took nearly 300-thousand dolla…

4 months ago

Read Full Article

WNTZ FOX 48

+3 Reposted by 3 other sources

After viral 'Chase glitch,' JPMorgan sues customers over $661K in check fraud

(NEXSTAR) — Multiple lawsuits have been filed against those who partook in a viral trend earlier this year that purportedly provided them with "unlimited" money from certain ATMs. Earlier this year, videos posted to social media showed people with large sums of cash they collected as part of a "glitch" with their Chase Bank accounts. Customers were able to deposit faulty checks into their accounts and then withdraw the cash before it was flagge…

4 months ago

Read Full Article