JPMorgan Chase Sues Customers Over Viral ATM Fraud Scheme

The bank has filed lawsuits against individuals and businesses accused of exploiting a technical glitch to withdraw over $660,000 using counterfeit checks.

• JPMorgan Chase is pursuing legal action against two individuals and two businesses for allegedly using a viral ATM glitch to commit check fraud.
• The scheme involved depositing fake checks into ATMs and withdrawing funds before the checks were flagged as counterfeit.
• Lawsuits have been filed in federal courts in Texas, California, and Florida, with the accused owing significant amounts to the bank.
• A 'masked man' in Texas reportedly withdrew nearly $291,000, while other defendants owe amounts ranging from $90,000 to $141,000.
• Chase emphasizes its commitment to combating fraud and is cooperating with law enforcement to hold the perpetrators accountable.

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