Chase warns against using system glitch to filch cash: it's fraud, plain and simple'
Briefly

Chase Bank has firmly warned that exploiting a banking system glitch to withdraw funds improperly is straightforward check fraud, irrespective of online trends.
Chase commented that even if individuals engage in depositing fraudulent checks knowing they are bad, it constitutes clear fraud under banking law.
The bank has addressed the surge of customers attempting to withdraw money via this viral trend and emphasized that the activity is illegal.
While many social media posts showcased joy upon cash withdrawal, the aftermath revealed disappointment once bad checks bounced, leading to negative account balances.
Read at www.theguardian.com
[
|
]