In a statement to USA Today, the bank warns people to not try the trend and that the “glitch” has been addressed by the bank. People who tried the trend have seen their accounts go negative after.
Over the weekend, a number of viral TikTok videos had people across the country saying that they could get “free” cash from Chase Bank ATMs. But according to the bank, it was nothing but a simple glitch and those customers getting their “free” money were actually committing fraud.
Videos spread across TikTok showing people depositing checks for large amounts of money at ATMs and then making a withdrawal for a smaller but still substantial amount before the check cleared. Once they got the cash, they believed they had found a glitch in the system and were getting free money.
It all might sound too good to be true, and it really is, because this process is just a form of check fraud, a criminal offense. Chase Bank, in a statement to USA Today said the issue has now been addressed. In the same breath, they are also warning people to not try this viral trend.