Last updated: October 5, 2024 at 03:51 PM
Summary of Reddit Comments on "money glitch"
Understanding the Situation
- Some users confused the attempted scam with actual GTA-style glitch instead of check kiting - a form of fraud.
- Users noted the level of ignorance and lack of critical thinking involved in attempting to exploit the system.
Chase Bank check kiting
- The "money glitch" is likened to check kiting, an age-old form of fraud, not a unique hack or glitch.
- Users highlighted the inevitability of banks catching on eventually due to record-keeping and cashing ATM tapes.
- Chase Bank announced working with law enforcement to pursue charges for fraudulent activities.
Legal and Practical Ramifications
- Many comments emphasized that the individuals involved could face criminal charges for their actions.
- Users pointed out the users' recklessness in recording and sharing their fraudulent activities on social media.
Social Media and Trends
- Some users questioned the validity and widespread impact of the trend, suggesting it may have been blown out of proportion on platforms like TikTok.
- The consequences of attempting such scams were compared to foolish and criminal behavior, with little chance of success or escape.
Precautionary Measures
- legal restitution and severe consequences were predicted for those involved in the scam.
- It was advised not to participate in such fraudulent activities and highlighted the importance of ethics and legalities.
Real-Life Money-Making Strategies
- Various legal and legitimate methods of making money were discussed, such as reselling, investing, and part-time jobs.
- Users shared experiences of turning small investments into larger profits through smart buying and selling tactics.
Humorous and Side Comments
- Some users shared humorous anecdotes related to unexpected financial gains or exploits, such as exploiting reward systems or finding money unexpectedly.
- The situation with Chase Bank was compared to various video game glitches and forms of exploitation in popular culture, highlighting the difference between virtual games and real-world consequences.