Chase Bank parent company sues customers for check fraud after viral ATM glitch

Chase Bank parent company sues customers for check fraud after viral ATM glitch

Assessment

Interactive Video

Business, Social Studies

University

Hard

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JPMorgan Chase is suing individuals who exploited a technical glitch to withdraw funds before checks bounced. The glitch, which went viral on TikTok, led to lawsuits in multiple federal courts. In one case, a Houston man allegedly owes the bank $291,000 after a fake check deposit. JPMorgan is investigating thousands of similar cases, with additional lawsuits filed in Miami and California.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the main issue that led to the viral story involving JPMorgan Chase?

A data breach exposed customer information.

JPMorgan Chase announced a major merger.

A technical glitch allowed ATM withdrawals before checks bounced.

A new banking app was released with security flaws.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In which month did the glitch involving JPMorgan Chase go viral on TikTok?

August

July

October

September

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the amount a Houston man is accused of owing JPMorgan Chase?

$500,000

$335,000

$291,000

$100,000

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the value of the fake check deposited in the Houston man's account?

$100,000

$291,000

$500,000

$335,000

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Besides Houston, in which other locations have lawsuits been filed related to the JPMorgan Chase glitch?

Seattle and Boston

New York and Chicago

Miami and California

Dallas and Atlanta