Don't try the viral 'free money hack' at Chase Bank. Here's what happened to those who did

The video discusses a TikTok-driven check fraud scheme involving fake checks deposited at Chase Bank ATMs. Users believed they could withdraw cash before checks cleared, but this is considered fraud. Chase Bank has addressed the issue, and some users faced frozen accounts or negative balances. Financial expert Ted Jenkin warns against taking financial advice from social media and highlights the risks during tough economic times. The video also touches on the responsibility of platforms to manage misinformation and the broader impact on consumers.

What advice does Ted Jenkin give regarding financial advice from social media platforms?

According to Ted Jenkin, what factors contribute to people falling for schemes like the one discussed?