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Chase Warns: Viral ATM 'Glitch' is Fraud
Cheddar News
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1 year ago
Chase Bank is warning customers about a viral TikTok trend where users claim to exploit an ATM "glitch" by depositing fake checks and quickly withdrawing money.
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00:00
Chase Bank is warning customers
00:01
about a viral Tick Tock trend
00:03
where users claim to exploit.
00:06
An ATM glitch by depositing fake
00:08
checks and then quickly withdrawing
00:10
money before the checks bounce.
00:11
Well, Chase clarified that this is not a
00:14
glitch, but it is in fact check fraud,
00:17
which is illegal.
00:18
The trend began with social media
00:20
posts flaunting large withdrawals.
00:22
However, the bank stressed that
00:24
participants could face legal
00:26
consequences and be required to
00:28
repay the funds. Chase advises.
00:30
Against following these misleading videos.
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