The “Chase bank glitch” is actually a crime and could land you in prison

Chase Bank’s “money glitch” isn’t a hack that can get you free cash, it’s just run-of-the-mill fraud.

Transcript

00:00A free money glitch has taken over TikTok.

00:02Except it's not free money, it's fraud!

00:05The Chase bank glitch encourages people to write fake checks and deposit them into their own bank accounts at an ATM.

00:11Usually a check has to process before it clears.

00:14But users withdrew cash from ATMs knowing the check they wrote wouldn't clear,

00:19thinking the bank would accept it with no repercussions.

00:22A Chase spokesperson told Fortune that depositing a bad check is fraud, plain and simple.

00:27The legal repercussions for check fraud can vary by state and the amount of money in question.

00:32But regardless, the social media users are still on the hook for the money.