Posted on 04/16/2025 7:36:18 AM PDT by Red Badger
I’m not sure how this is working at Chase, because Chase doesn’t give me the full amount of the deposited check for immediate use, depending on the current amount in the account. They basically give what the account can currently cover, until the check clears.
(″On August 29, 2024, a masked man deposited a check in Defendant’s Chase bank account in the amount of $73,000.00,” the bank said in a suit filed Tuesday afternoon in Gwinnett County, Georgia.
By the time the check bounced six days later, a series of cash withdrawals at two Chase branches in the state totaling $82,500 had been made, according to the bank.)
WOW
Where was Leonardo?
“”so-called “infinite money glitch.””
What is a money glitch? Can you explain? I don’t understand any of it.
My bank puts a hold on withdrawals until the check clears..........or not..........
People were allowed to withdraw more money that they had in their accounts................
They insist they're credible and their words have weight but they refuse to pay for talent who could figure out how something could go wrong.
They're reactionary, not proactive, like amateurs.
The biggest complaint at banks is “Why does it take so long for my deposit to show up?”. This is why.
They are 'Ivy League' grads.................
If I take a check to Sam’s to pay my monthly bill, they use Electronic Transfer, scan the check, then hand it back to me and the money immediately goes from my account to Sam’s.
Looks like banks could do that. But I guess they are too cheap to buy the equipment necessary........................
So much for those bazillion Cash App
ads that ran during my phone 📱 games
An individual not having the resources of a JPMorgan who was a “holder of an unsecured claim” would be told to go to Helen Hunt for their funds.
Who needs ‘Cash App’ when you have unlimited withdrawals!
Looks like Chase would spend more in legal fees that they would get back in recovered funds...............
“”so-called “infinite money glitch.””
What is a money glitch? Can you explain? I don’t understand any of it.
++++++++++++++++++++++++++
Failure of the bank to operate in a sound fashion. Pretty simple.
Was this one of the banks shutting down business with conservatives?
Not her - try again. Hint: it’s a play on words. Say the last part of my post out loud.
She must have taken over Helen Waite’s old job.
JPMorgan fined nearly $40 billion for two-decade legal oversights
JPMorgan Chase and Bank of America denied the debanking claims................
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