Some TikTok users have thus returned to the platform, showing their checking accounts overdrawn by thousands, if not tens of thousands, of dollars. These people will not only have to pay back the money they stole from Chase. They’ll also be on the hook for subsequent overdraft fees, account freezes, and legal problems.
As the “Chase glitch” backfires on those who participated, other TikTokers are weighing in. These folks are wisely pointing out there’s no such thing as free money. They’ve also noted the criminality of intentionally cashing bad checks, while pointing out that Chase has everything it needs to legally pursue individuals who’ve done this.
After all, their names, Social Security numbers, personal addresses, and other details are attached to their bank accounts. Don’t forget that Chase ATMs have security cameras showing each person’s face when they deposit or withdraw funds, too.
This information, along with the perpetrators confessing online to check fraud, is a slam dunk for any prosecutor who decides to go after them.
Chase bank warns people against the latest TikTok trend
Earlier this week, Chase released a statement urging people against committing check fraud. According to the bank, the system that allowed folks to withdraw money via bounced checks has been “addressed.”