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

Created by

Quizizz Content

FREE Resource

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.

Read more

2 questions

Show all answers

1.

OPEN ENDED QUESTION

3 mins • 1 pt

What amount was the fake check worth that was deposited in the man's bank account?

Evaluate responses using AI:

OFF

2.

OPEN ENDED QUESTION

3 mins • 1 pt

In which states have other lawsuits been filed related to this case?

Evaluate responses using AI:

OFF