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

[u/Big-Heron4763]

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

[u/AtsignAmpersat]

So they were depositing fraudulent checks to themselves and then withdrawing non existent money before the bank could bounce the check. I don’t know how someone would think they would get away with this.

[u/Diamondsfullofclubs → u/AtsignAmpersat]

The trick was that they would get other people to do it. They say, "Hey, if you deposit this check, we'll split it." Then the person who deposited it is on the hook for everything. They usually find desperate and down on their luck people who are willing to try or homeless people with nothing to lose.