Chase Is Suing More Customers for Stealing Money Last Year Using the Viral TikTok 'Money Hack'
Published on: 2025-04-22 00:50:55
Jon Hicks/Getty Images
Remember all those viral "money hacks" on TikTok that helped some Chase customers withdraw money fraudulently from ATMs? Chase is pursuing legal action against more customers who were involved, so they may soon have to repay any money that was illegally obtained.
Last October, a temporary glitch in Chase Bank's security allowed people to write checks to themselves and deposit them at ATMs, withdrawing the funds before the bank could identify the error. Typically, you can't withdraw money until the bank verifies the check is legit, which can take a few days. This glitch gave access to funds almost instantly.
When Chase caught wind of the hack, it fixed the glitch and withdrew any fraudulently obtained funds from customers' accounts, leaving some with negative balances.
Shortly after, the bank began filing lawsuits against some customers. Chase is now asking state courts to require more customers who committed fraud to pay back any remaining funds they illegall
... Read full article.