Chase Bank is warning customers about a viral TikTok trend where users claim to exploit an ATM "glitch" by depositing fake checks and quickly withdrawing money.
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00:00Chase Bank is warning customers
00:01about a viral Tick Tock trend
00:03where users claim to exploit.
00:06An ATM glitch by depositing fake
00:08checks and then quickly withdrawing
00:10money before the checks bounce.
00:11Well, Chase clarified that this is not a
00:14glitch, but it is in fact check fraud,
00:17which is illegal.
00:18The trend began with social media
00:20posts flaunting large withdrawals.
00:22However, the bank stressed that
00:24participants could face legal
00:26consequences and be required to
00:28repay the funds. Chase advises.
00:30Against following these misleading videos.