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The bank’s plea comes after this weekend a viral trend took over TikTok and X, with users being told that there was a systemwide glitch and that, if they deposited false checks in an ATM and ...
Yesterday, a glitch in Chase Bank's system allowed people to withdraw funds they weren’t entitled to, prompting the bank to place 7-day holds on the affected accounts.
Chase Bank said it was reviewing incidents of individuals who may have participated in an online check fraud "glitch" trend and referring them to law enforcement authorities.
The Chase viral trend got promptly shut down by the bank, but this will not be the last time you hear about a check fraud scheme. Banks reported about 680,000 instances of check fraud in 2022 ...
Chase traces its history back to the founding of The Manhattan Company by Aaron Burr on September 1, 1799, in a house at 40 Wall Street: [10]. After an epidemic of yellow fever in 1798, during which coffins had been sold by itinerant vendors on street corners, Aaron Burr established the Manhattan Company, with the ostensible aim of bringing clean water to the city from the Bronx River but in ...
On Aug. 31, another X user posted a video showing what he alleged were Chase customers lining up to use an ATM at one of the bank's New York locations "to do the new viral glitch to get free money."
A series of recent viral videos on TikTok and X have made it seem like people were getting "free" cash from Chase Bank ATMs. Chase says viral ‘bank glitch’ trend is actually ‘fraud.’
Chase isn't the only bank to deal with such issues. In August 2023, Bank of Ireland customers found themselves able to pull out large sums from ATMs, with many mistakenly believing they were ...