JPMorgan Chase is actively pursuing lawsuits against individuals and businesses who exploited a recent ATM glitch to deposit fraudulent checks and withdraw cash.
Fraud is a crime that impacts everyone and undermines trust in the banking system, said Chase spokesperson Drew Pusateri, emphasizing their commitment to accountability.
In one major case, a masked man allegedly deposited a $335,000 fraudulent check and withdrew $290,939.47 before the bank detected the scam.
Chase prides itself on its efforts to protect customers against fraud, stating that the core intent to exploit and deceive remains unchanged despite evolving methods.
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