PDS 9.2 Chase Bank "Free Money Glitch" Situation is Crazy & actually Felony Wire Fraud womp womp & More News
The Philip DeFranco Show
philip defranco
4.7 • 1.1K Ratings
🗓️ 2 September 2024
⏱️ 22 minutes
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| 0:00.0 | So, you beautiful bastards. Welcome back to the Philip DeFranco show. You daily dive into the news. |
| 0:05.0 | And I got a special Labor Day show for you today. And it all starts with just the pure |
| 0:09.2 | idiocy we saw over the weekend. Right? Because I don't know if you saw this. Apparently an |
| 0:12.7 | infinite money glitch was discovered. Except it actually wasn't because real life is not Grand |
| 0:17.5 | Thief Dotto 6. The glitch, it was just fraud. So let me explain. |
| 0:21.6 | When people deposited a check at Chase, right, the banker, more specifically here, the ATM, |
| 0:24.6 | it would immediately clear a portion of that check and then clear the rest of it later as they vetted it. |
| 0:28.6 | And so what people quickly figured out is that you could just deposit a check for a huge sum of money |
| 0:32.6 | and then pull out a percentage of what was immediately available. And that seemingly leading to clips of people literally throwing cash around in front of a chase |
| 0:39.3 | and flaunting what looks to be at least thousands of dollars |
| 0:41.3 | that they presumably did not have. |
| 0:43.3 | As well as other showing huge lines at Chase Banks |
| 0:45.3 | after the trends started going viral, |
| 0:47.3 | with people suggesting that it was to take advantage of this glitch. |
| 0:49.3 | However, most of us probably already saw the problem. |
| 0:52.3 | What the fuck happens when the check comes back as bad? Well, obviously, Chase goes, ah, you got us good. You got us this time. You get to keep it. No, that's not what happened. Those accounts get fucking nuked and then people owe that money back. Not to mention, as a Chase spokesperson put it, regardless of what you see online, depositing a fraudulent check and |
| 1:11.3 | withdrawing the funds from your account is fraud, plain and simple. So there is a non-zero chance |
| 1:16.2 | that people who took advantage of Chase's mess up, they could be facing criminal penalties. And I'm not |
| 1:19.9 | talking about like a slap on the wrist. This is very probably wire fraud, which is a fucking |
| 1:24.6 | felony that is shockingly easy to prove. I mean, one, the authorities just need to |
| 1:28.3 | follow the money in the paper trail. But also, too, in the case of the real big idiots, there's |
| 1:32.5 | TikToks and videos that they posted that are on the internet. They'll also understand it's the |
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