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The chase bank glitch explained. || Latest Update
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9/2/2024
**This Video was uploaded at "Viral News Topics" Youtube Channel**
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The chase bank glitch explained.
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00:00
Yesterday, reports emerged about a supposed glitch with Chase ATMs, where people were
00:04
able to withdraw large amounts of cash.
00:10
As this went viral, many were curious about how this so-called glitch worked, but there
00:14
wasn't a clear explanation.
00:24
In reality, this process isn't a glitch at all.
00:26
It involves someone depositing a fake or invalid check into an ATM, the bank temporarily
00:31
makes some of the funds available, and the person quickly withdraws the money before
00:35
the check is fully cleared.
00:37
When the bank later realizes the check is bad and it bounces, the account is left with
00:41
a negative balance.
00:42
This is what's known as check fraud.
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