CNN Business | People who allegedly withdrew thousands of dollars from Chase ATMs in viral check fraud scheme may soon have to pay up

New York (CNN) — So long to all that “free” money.

Customers who allegedly withdrew money fraudulently from Chase Bank ATMs using an illegal scheme that blew up on TikTok over the summer could soon have to cut hefty checks back to the bank.

These people were able to withdraw funds by writing checks to themselves and immediately withdrawing funds before the checks bounced. Normally, the bank follows the industry standard of making a portion of any check available to customers before the funds clear. However, a temporary glitch allowed customers to withdraw more substantial amounts than typically allowed before a check clears.

Now the bank is suing four customers who allegedly owe the bank nearly $662,000, according to four lawsuits JPMorgan, Chase’s parent company, filed Monday in three federal courts.  –read more–