JPMorgan Chase Sues Customers Over 'Infinite Money Glitch' Stealing Thousands

Oct 28, 2024, 07:31 PM

JPMorgan Chase has begun legal action against customers who allegedly exploited a technical glitch to steal thousands of dollars. The so-called 'infinite money glitch' allowed individuals to withdraw funds from ATMs before a check bounced. The glitch, which went viral on TikTok, has led JPMorgan to consider pursuing criminal fraud charges in addition to civil lawsuits. One notable case involves a man in Texas who deposited a bogus $335,000 check. Another case involves a customer who owes the bank $290,939.47. The bank's actions underscore the severity of the fraud and its commitment to addressing the issue.