JPMorgan sues customers for exploiting ATM glitch to withdraw funds before checks bounced.
JPMorgan Chase is suing customers who allegedly exploited a technical glitch to withdraw thousands from ATMs before checks bounced. The bank has filed lawsuits in at least three federal courts, targeting those who took the most money through the "infinite money glitch" popularized on social media. JPMorgan seeks repayment of stolen funds, interest, fees, and potentially punitive damages, while also cooperating with law enforcement on criminal investigations.
October 28, 2024
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