The Business & Technology Network
Helping Business Interpret and Use Technology
S M T W T F S
1
 
2
 
3
 
4
 
5
 
6
 
7
 
8
 
9
 
 
 
 
 
 
 
 
 
18
 
19
 
20
 
21
 
22
 
23
 
24
 
25
 
26
 
27
 
28
 
29
 
30
 
 
 
 
 
 

Chase Bank glitch arrests: Yes, it’s actually a crime

DATE POSTED:September 9, 2024
 Yes, it’s actually a crime

Chase Bank glitch arrests are started! We hope you haven’t seen this trend on TikTok and decided to try it out.

The so-called Chase Bank glitch scam, popularized by a viral TikTok trend, has led to a series of arrests and legal actions, exposing the severe repercussions of attempting to exploit fraudulent schemes. Here’s a detailed breakdown of how the scam unfolded, the arrests that followed, and the broader implications for those involved. But first, let’s understand “the free money glitch” better.

Chase Bank glitch explained

The scam involved tricking Chase ATMs into giving out money by:

  • Depositing fake checks: Scammers would deposit a check for a large amount of money that they didn’t actually have.
  • Withdrawing cash quickly: They would then quickly withdraw a portion of the money before the bank realized the check was fake.

Many people posted videos online of themselves celebrating with the cash they supposedly got, which made the scam look even more appealing.

pic.twitter.com/lFMGAVnHp8

— Cxpium (@copiumx) August 31, 2024

What happened next: Chase Bank glitch arrests

Chase Bank noticed unusual activities and started freezing the accounts of people suspected of fraud. They also gathered evidence, like video footage from ATMs and transaction details. That’s why it is so hard to find videos belong to this trend right now. Chase Bank handed over this evidence to law enforcement. This included video footage and records showing who was involved in the scam.

Several people who tried this scam were arrested. They are facing serious charges, including:

  • Check fraud: Using fake checks with the intention to steal money.
  • Theft: Illegally taking money through deception.
  • Bank fraud: Deceiving a bank to get money.

Once news of the Chase Bank glitch scam and the arrests became known, social media users began ridiculing those who tried to exploit the scam. Posts mocked their actions and warned others about the dangers of such schemes, emphasizing how misguided the scam was.

@officialjadenwilliams

Chase Bank money glitch #chasebank #moneyglitch #funny #comedyskit #meme

♬ original sound – Jaden Williams – Jaden Williams

Chase Bank and the U.S. Postal Inspection Service quickly issued warnings about the seriousness of check fraud. They stressed that attempting such scams has severe legal consequences, aiming to deter others from participating in similar activities.

The rising threat of sextortion scam emails

How many people did the Chase Bank glitch

The Chase Bank glitch scam, where people exploited ATMs by depositing fake checks and withdrawing cash, led to numerous arrests, but the exact number of individuals involved can vary depending on the source and timeframe of the reports. Initially, several individuals were arrested, and law enforcement continues to investigate further.

 Chase Bank glitch arrests follow viral TikTok trend. Is 'infinite money' real? Unfortunately, it’s not.The rise in Chase Bank glitch arrests highlights the legal consequences of participating in scams (Credit) Infinite money glitch seems like too good to be true, right?

The Chase Bank glitch scam shows that viral social media trends can sometimes lead to illegal activities. These trends can make scams seem harmless, highlighting the need for caution and critical thinking.

The response from Chase Bank and law enforcement underscores their role in monitoring and addressing fraud. Banks act quickly to freeze accounts and provide evidence, while authorities investigate and make arrests.

This scam highlights the importance of understanding the legal risks associated with financial actions.

If a deal looks like too good to be true, it probably is. This lesson is clearly illustrated by the recent Chase Bank glitch scam, where a seemingly simple viral trend turned out to be a serious fraud scheme.

Featured image credit: Chase Bank