JPMorgan Chase & Co (NYSE:JPM) has initiated legal action against customers who allegedly exploited a technical flaw to withdraw funds from ATMs before checks bounced. What Happened: The bank has filed lawsuits in three federal courts, targeting individuals who made the largest withdrawals during the ‘infinite money glitch’ that gained attention on social media platforms like TikTok in late August, CNBC reported on Monday. One such case in Houston involves a man who owes JPMorgan $290,939.47 after an unidentified accomplice deposited a counterfeit $335,000 check at an ATM. The bank alleges tha…
