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JPMorgan Chase, the largest bank in the U.S, has begun suing more customers it has accused of stealing funds in last year’s so-called “infinite money glitch” scheme. The bank also revealed it’s going after customers who allegedly stole amounts below $75,000. A person familiar with the matter highlighted that the bank had sent letters to 1,000 customers demanding they repay funds since October. The individual also maintained that some people returned money on their own after reports were made the same month that the bank was going after potential fraudsters who had withdrawn the largest amounts. JPMorgan begins suing customers in ‘infinite money glitch’ theft case JPMorgan Chase began suing more customers this week who it says stole money from the bank in last year’s so-called “infinite money glitch” The bank is now going after customers who it says took amounts below $75,000, which means it is filing complaints in state court – CNBC pic.twitter.com/vEWCW9p0cm — Evan (@StockMKTNewz) April 16, 2025 The largest bank in the U.S., JPMorgan Chase, has begun suing customers this week who were accused of stealing funds in last year’s so-called “infinite money glitch.” The financial institution revealed it’s now targeting customers who allegedly stole below $75,000. A person familiar with the matter argued that the bank will now have to file complaints in state courts instead of the federal courts it chose last year. The incident happened in late August last year and went viral in videos posted to social media, where customers withdrew the entire value of a fraudulent check before it bounced. The bank said in a suit filed Tuesday afternoon in Gwinnett County, Georgia, that “on August 29, 2024, a masked man deposited a check in Defendant’s Chase bank account in the amount of $73,000.00.” According to the financial institution, a series of…

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Filed under: News - @ April 16, 2025 4:30 pm