JPMorgan Chase sues scammers following viral 'infinite money glitch'

JPMorgan Chase has filed federal lawsuits in Texas, Florida, and California against individuals and businesses alleged to have exploited a widely publicized ATM check deposit glitch to withdraw large sums before checks bounced, with claimed losses ranging from about $80,000 to nearly $335,000. The bank cites the broader impact of such fraud on trust in the financial system and says it is working with law enforcement to hold perpetrators accountable.