09/03/2024
A glitch at ATMs for Chase bank has seen customers being able to withdraw funds after depositing fake checks in their account Kit Roberts Customers at a bank have potentially landed themselves in hot water after taking advantage of an 'infinite money glitch'. ATMs for Chase bank have developed a fault in their software which meant that they were accepting false checks as deposits in accounts. The glitch occurred at Chase bank (PATRICK T. FALLON / AFP via Getty Images) This meant that people could deposit a false checks and withdraw the funds from the account in cash . As the saying goes, if something sounds too good to be true then it almost always is, but that did not stop many people not only participating in the viral 'trend', but posting themselves doing it on social media . Needless to say, this is far from a social media trend or hack, but is actually just good old-fashioned fraud. This means that if you do participate in this, especially if you post evidence of yourself doing it online, then you could be opening yourself up to fines and even potential jail time. Chase bank has responded to the glitch, saying they have 'addressed' it. A spokesperson for the bank said in a statement: "We are aware of this incident, and it has been addressed. " Regardless of what you see online, depositing a fraudulent check and withdrawing the funds from your account is fraud, plain and simple. " Following the bank's update and crackdown on the practice, many people who had initially posted videos of themselves spending the results of fraudulent checks are now seeing their bank balance plummet into the red. One man showed deductions which were pending on his account. Of these , one showed a deduction for over $ 7,000, Read More :
