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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