Chase Bank glitch allowed fraudulent $50k withdrawals via fake checks, causing account issues.
A recent glitch at Chase Bank allowed customers to withdraw up to $50,000 by depositing fake checks, causing a surge of activity at ATMs. As the bank has fixed the issue, many users now face negative account balances and holds on their accounts. This situation can lead to severe consequences, including charges of check fraud, which may result in imprisonment or fines. The incident serves as a warning against exploiting financial loopholes.
September 01, 2024
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