The string of fraud incidents was spurred by a viral video on TikTok in August, in which users claimed to discover a systemwide "glitch" in Chase ATM's allowing unlimited amounts of money to be withdrawn.
October 29, 2024 at 05:22 PM
3 minute read
The original version of this story was published on Law.com
JPMorgan Chase launched several lawsuits in federal court on Monday accusing several businesses and individuals of check fraud after a video went viral in August, exposing a supposed glitch that allowed users to temporarily deposit forged checks and withdraw the money before they bounced.
This litigation surge was surfaced by Law.com Radar, ALM’s source for immediate alerting on just-filed cases in federal and state courts.
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