Chase Bank responded to viral social media videos depicting people exploiting an apparent flaw in the bank’s system, saying that those customers were likely committing fraud.
Over Labor Day weekend, videos appeared on TikTok and other social media platforms allegedly showing people depositing fraudulent checks written for large sums of money at Chase Bank ATMs. They would then make a withdrawal for a significant amount, believing they discovered a glitch that allowed them to get free money.
However, a spokesperson for Chase Bank said those people were likely committing fraud and that the issue was resolved. The bank also warned customers not to mimic what they’ve seen on the internet.
“We are aware of this incident, and it has been addressed,” a Chase spokesperson told The Epoch Times in an emailed statement on Tuesday.
“Regardless of what you see online, depositing a fraudulent check and withdrawing the funds from your account is fraud, plain and simple,” the spokesperson added.
The bank did not respond to a question about whether it is investigating the videos or whether law enforcement is involved, and it’s unknown how many Chase customers attempted to make such withdrawals.
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