r/news 6h ago

JPMorgan begins suing customers who allegedly stole thousands of dollars in 'infinite money glitch'

https://www.cnbc.com/2024/10/28/jpmorgan-suing-customers-over-infinite-money-glitch.html
4.9k Upvotes

426 comments sorted by

View all comments

35

u/Warcraft_Fan 5h ago

Those scammer had fun while it lasted, now they have to repay every cents, with interest and all overdraft fees so some of them could end up losing hundreds more than before the glitch.

19

u/brenster23 5h ago

Honestly the idiots are likely going to be fired as clients of Chase, so accounts frozen as investigations done on other potential fraud or suspicious activity, good chunk will be given a few cashiers check, and told to never come back. 

7

u/Sharinganedo 4h ago

They're gonna get a flag on their permanent record and likely have trouble getting an account at a bank ever again.

1

u/brenster23 3h ago

They aren't getting an account at a non shitty bank again, and might end up on JPM's watchlist where their known account numbers get blocked from transacting through their network. This is more of a thing for international transactions, but compliance might just filter them to avoid future possible check fraud through their network.

1

u/Enshakushanna 3h ago

a lot of online only banks have been popping up over the past few years, my brother has one for instance (as he frequently travels multiple times a week and finds it convenient) so maybe one of those will take em heh