JPMorgan sues customers over alleged fraud linked to Viral Tik Tok Videos
The Guardian|October 30, 2024
JPMorgan Chase is suing customers in the US it accuses of stealing thousands of dollars from ATMs by exploiting a technical glitch that went viral on TikTok this summer.
Julia Kollewe

The US bank has filed lawsuits in at least three federal courts against people who withdrew funds before a cheque bounced, in the so-called "infinite money glitch".

The company filed at least four complaints on Monday, which allege that bank users deposited tens or hundreds of thousands of dollars in fake cheques into their Chase accounts and withdrew large sums before the cheques bounced. The lawsuits filed in Los Angeles, Houston, and Miami say those customers together owe the bank about $660,000 (£509,000).

This story is from the October 30, 2024 edition of The Guardian.

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This story is from the October 30, 2024 edition of The Guardian.

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