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RBS 156: Has the Chase Glitch Infected Fidelity? (My CMA Restricted)

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Content provided by Rob Berger. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Rob Berger or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ro.player.fm/legal.

Several weeks ago some reported what has been called the Chase Glitch. The glitch allowed people to deposit bogus checks at Chase ATM's and then immediately withdraw the funds.
That glitch has now moved to Fidelity, where some have tried depositing bogus checks via Fidelity's mobile app, and then immediately taking out the money. In response, Fidelity has limited check deposits via its mobile app, extended hold periods on deposited funds, and even locked some customers out of their accounts.
Join the Newsletter. It's Free:
https://robberger.com/newsletter/?utm...

  continue reading

178 episoade

Artwork
iconDistribuie
 
Manage episode 441567341 series 3437124
Content provided by Rob Berger. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Rob Berger or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ro.player.fm/legal.

Several weeks ago some reported what has been called the Chase Glitch. The glitch allowed people to deposit bogus checks at Chase ATM's and then immediately withdraw the funds.
That glitch has now moved to Fidelity, where some have tried depositing bogus checks via Fidelity's mobile app, and then immediately taking out the money. In response, Fidelity has limited check deposits via its mobile app, extended hold periods on deposited funds, and even locked some customers out of their accounts.
Join the Newsletter. It's Free:
https://robberger.com/newsletter/?utm...

  continue reading

178 episoade

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