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MERENA
Advisory Alert

Chase Bank calls out social media influencers promoting bank fraud

Chase Bank is warning people not to follow viral social media videos that claim you can get free money by depositing a fake check and quickly taking out cash. The bank says this is illegal, not a harmless trick, and people who try it could face account problems, repayment demands, or court action.


Who is at risk

Anyone who sees or shares these posts—especially teens, young adults, and heavy social media users with bank accounts—is most at risk.

What to watch for

Watch for posts or videos calling this a “glitch” or “easy money” and telling people to deposit a fake check and withdraw cash right away.

What to do

Do not try or share this scheme, and talk with family members—especially younger ones—so they know it can lead to serious legal and financial trouble.