Chase warns against using system glitch to filch cash: it’s ‘fraud, plain and simple’

Warning comes after viral TikTok posts where customers purportedly tried to withdraw more money than they had

The US banking giant Chase has made clear that taking advantage of a system glitch" to extract cash was fraud, plain and simple" despite it becoming a TikTok trend.

Chase Bank's warning on Monday came in response to viral social media posts where customers purportedly tried to withdraw more money than they had in their accounts by exploiting a banking system delay.