• Chase Bank Makes BIG $$$ Mistake - "Infinite Cash"

    From 186282@ud0s4.net@186283@ud0s4.net to talk.politics.misc,soc.culture.usa,alt.politics.usa,alt.security on Monday, September 02, 2024 02:13:57
    From Newsgroup: alt.security

    https://www.dailymail.co.uk/news/article-13802991/TikTokers-Chase-bank-glitch.html

    A 'glitch' at Chase bank's ATMs which allowed customers to
    withdraw money from their account after depositing fake
    checks for large sums has seen a wave of people flaunt
    their cash online.

    It appears some Chase customers wrote checks with outlandish
    amounts and deposited them to get tens of thousands of
    dollars that weren't theirs, which had some calling it
    an 'infinite money hack.'

    But experts say this isn't a harmless life hack but rather
    a case classic check fraud, which is punishable by fines
    and jail time in serious cases.

    . . .

    Look ... most of the exploiters will be 'street punks'
    and will NEVER be prosecuted. They can also use the
    "I didn't know the check was bad" excuse - "It's all
    CHASE's fault !"

    It IS all CHASE's fault. IDIOTIC idea that just
    BEGGED for wide-scale exploitation.

    Banks keep trying to make it all the easier to get
    access to any account for any amount. This is STUPID
    and an outright INVITATION to criminal exploitation.
    As best I recall, encouraging/facilitating crime
    IS a crime.

    So where are the Feds with handcuffs ???

    Oh, Tik ... SHUT IT DOWN ENTIRELY, NOW.

    In any case, I'm gonna cross Chase off my list as
    a place for any alternate accounts. The depth and
    breadth of stupidity here is just unforgivable.
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