JPMorgan Sues Customers Over Check Fraud Exploiting ATM Glitch

The bank has filed lawsuits against individuals and businesses accused of withdrawing funds from ATMs using fraudulent checks before they bounced.

JPMorgan Chase is pursuing legal action against two individuals and two businesses in federal courts in Houston, Miami, and Los Angeles.
The lawsuits involve over $661,000 allegedly withdrawn through a glitch that allowed funds to be accessed before checks cleared.
The so-called 'infinite money glitch' went viral on social media, encouraging users to deposit large counterfeit checks and withdraw cash immediately.
JPMorgan has fixed the glitch and is investigating thousands of potential fraud cases, prioritizing those involving large sums and possible criminal ties.
The bank is seeking not only the return of the withdrawn funds but also interest, overdraft fees, legal costs, and, in some cases, punitive damages.