JPMorgan Chase Sues Customers for “Infinite Money Glitch” Fraud
JPMorgan Chase has initiated lawsuits against customers accused of exploiting a 2024 “infinite money” glitch, targeting those who allegedly stole less than $75,000. These cases, unlike previous federal filings, are being pursued in state courts across multiple locations including Georgia, Miami, New York, and Texas. The bank’s actions highlight its aggressive pursuit of funds and deterrence of future fraudulent activity, following an internal investigation and thousands of potential cases. While some customers repaid funds after initial reporting, Chase continues its investigation and cooperation with law enforcement.
John Q. Hosedrinker