JPMorgan Chase is now taking legal action against customers who extracted money from the bank’s ATMs using an illicit banking “glitch.”

The bank is suing people who allegedly withdrew thousands of dollars from bank ATMs over the summer using a check fraud scheme that went viral.

The diagram focuses on deposit a fake check into an ATM.

Once a fake check is deposited, customers then withdraw the funds which are automatically credited to the account, knowing that the check will then bounce and the funds will disappear.

Court documents show a Houston man is among the customers Chase is suing. According to the bank’s complaint, the man asked an accomplice to deposit a counterfeit check for $335,000 into his account.

After the fraudulent deposit, the man allegedly withdrew a total of $290,939. reports CNBC.

“On August 29, 2024, a masked man deposited a check into the defendant’s Chase bank account in the amount of $335,000.

After the check was deposited, the defendant began withdrawing the vast majority of the ill-gotten funds.

Chase did not say how much money was lost in total because of the scheme, although the lender is investigating “thousands” of possible cases.

The bank filed other lawsuits in Miami and California, claiming its customers took between $80,000 and $141,000. However, it appears that most of the cases being investigated involve significantly lower amounts.

Chase says its security team first contacts customers and takes legal action if illicit withdrawals are not refunded.

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