A recent viral trend on social media known as the “Chase Bank glitch” has caused legal and financial repercussions for those involved. Promoted as an easy way to get “free money” by depositing fake checks and quickly withdrawing funds from Chase ATMs, the glitch was soon debunked by financial experts and Chase Bank itself as a serious crime: check fraud.
Participants in this scheme face severe consequences, including frozen accounts, negative balances, and potential prison sentences.
Legal penalties vary based on the amount involved, with some facing up to 25 years in prison, particularly in states like New York.
Chase Bank has confirmed that it has addressed the issue and is warning users that such actions will be met with full legal consequences. Financial experts stress that exploiting the glitch is not a harmless prank but a calculated attempt to defraud the bank, constituting criminal behavior.
Those who have attempted to use the glitch are advised to inform the bank immediately and avoid spending the withdrawn funds. Several users who bragged about the glitch on platforms like TikTok and X have since shared follow-up posts showing massive negative account balances, some exceeding $10,000.
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