Chase Bank says it is aware of viral 'glitch' inviting people to commit check fraud
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Chase Bank is urging its customers not to commit check fraud.
The bank's plea comes after this weekend a viral trend took over TikTok and X, with users being told that there was a systemwide glitch and that, if they deposited false checks in an ATM and withdrew that money soon afterward, they would be able to cheat the system and take out a large sum of cash before the check bounced.
The only problem? This is not a «glitch» — it's a check fraud scheme and those who participate will be on the hook for all the money they withdrew once the check bounces.
Although some on TikTok called the scheme a «glitch,» Chase reminded its customers that this «glitch» is actually an invitation to commit fraud.
«We are aware of this incident, and it has been addressed,» a spokesperson for Chase said in a statement to NBC News. «Regardless of what you see online, depositing a fraudulent check and withdrawing the funds from your account is fraud, plain and simple.»
NBC News has not verified if anyone actually committed the crime as part of the viral trend. However, videos online purported to show people successfully withdrawing cash from an ATM after depositing a fraudulent check into their own bank account — before others quickly pointed out that what they were doing was a crime.
While conversation about the «glitch» has taken over TikTok, it appears the first mention of it was on X, when a user shared an excessive balance of more than $80,000 in his account on Thursday, according to meme database Know Your Meme.
One video appeared to show lines forming outside of a Chase branch in New York suggesting people were flocking to the bank to «get free money.» Just as quickly as the trend took off, however, people were soon
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