Beauty of Stupidity
Mike Leitao ~ 09/9/2024
Stupid people suck. They are incredibly annoying and are, in general, a massive nuisance and inconvenience to all of us. But sometimes, the stars align and stupid people provide us with some of the most entertaining headlines we’ve ever seen. And lucky us, because we were treated to one of the absolute craziest headlines I’ve ever seen. People, real people who are out in public on a daily basis, going to ATMs for Chase bank and performing this so-called ‘money glitch’, also known as check fraud, and then posting the proof of the crime all over social media. Legitimately, one of the truly dumbest things I’ve been blessed to see my whole life. There is so much to unpack on the fact people actually thought real life was like GTA, and you could perform a money glitch without drawing the attention of moderators or law enforcement.
Check fraud is described as a criminal act that involves making unlawful use of checks in order to illegally acquire or borrow funds that do not exist within the account balance or account holder’s legal ownership. Let’s break that down to really see if check fraud is an appropriate description for this specific money glitch. The glitch was performed like this; you would write a fake check to yourself for any amount of money, most likely large amounts that you don’t actually have, you would then go to your local Chase ATM and deposit this bad check into your account. Because ATMs are not perfect, there is a point where the ATM has yet to realize that the check is actually a bad check and the funds are available for withdrawal. You would then withdraw all the money in your account and close your account with the idea that since your account is closed the check will never show up as actually bad and you get to go enjoy all your new totally legit money.
I don’t know about y’all, but that pretty much sounds like using checks in order to illegally acquire funds that are not the account holders. Even if you went to do this glitch and withdrew a shit ton of money just to take photos and flex and then redeposited it all so that when it came up as a bad check it didn’t actually ruin your account balance, that would still be check fraud because you borrowed funds that weren’t yours. Another big thing in the determination of check fraud is how much money was taken. The smaller the amount, the lesser the punishment as small amounts are only misdemeanors while the larger you get, you run the risk of a third degree felony.
Ok, so yeah a bunch of people were actually so stupid they thought they could commit actual fraud and get away with it. So many different people all around the US were doing this, so I’m sure there will be some people who are lucky enough to get away with it… Wrong. Let’s start with the very obvious way many people will get caught, the fact that people were stupid enough to admit to performing the crime all over their social media. I mean, man, is it gonna be hard to defend yourself in court when the prosecution pulls up your instagram post of you doing the glitch with the caption “I stay beating the system”. Now some people were smart and didn’t post their admission to guilt all over the internet, and you may think those people might actually get a chance to avoid punishment, but you would be wrong again. Even though people closed their accounts after performing the glitch, the bank will still need to verify the fake check and once the check is proven to be fake, the bank will still have all the information this person had to provide when they opened the account, thus, have all the information needed to give to the police to arrest you. Now will everyone get convicted and get jail sentences or massive fines, no shot. So many people were doing it, there would be no reason to clog our legal process up with hundreds of thousands of court cases.
But best believe that some of the people who took the most money will be used as examples and get maximum sentences. Most likely everyone, or close to it, will get some level of fines and potentially a misdemeanor on their record for participating. Even for those people who escape with small fines, there is still one major kick in the ass for all these people. All the money that was taken as a part of this money glitch will all obviously need to be paid back to Chase, with potential interest and additional bank fees for overdrawing your account.
So that means even for the people who did this money glitch with the sole intention of not actually spending fraudulently obtained money, would still most likely come out of this as a serious negative since they will owe the bank additional money and will most likely face a criminal charge that will at worst-case scenario come with a fine. But for those people who withdrew a shit ton of funds and spent it all on expensive watches and jewelry and shit? Those people are 100% fucked. They owe the bank so much money that they will be in debt for the rest of their lives. I saw someone online who did this and posted a screenshot of their bank account that showed them at negative nine million dollars. Firstly, to be so stupid that you would perform this glitch and decide that nine million dollars was the goal is absolute foolishness. Secondly, that man is creating generational debt that will take literally more than his lifetime to pay off.
As awful as stupid people are, sometimes the joy they bring us almost makes me not mind them. People were dumb enough to commit large scale fraud crimes, post the evidence all over social media, spend all the money they stole, and then get fucked so hard in the ass with their sentencing that they ruined generations to come. Then, some of these people are so stupid that they think they could still get away with it and will open more accounts to perform the glitch and put themselves in more debt. Then these people are still so clueless that they are going online and starting GoFundMe’s for themselves to get out of debt they caused. As long as we may be cursed dealing with stupid people on a regular basis, we shall at least be blessed with the potential to get to see some very stupid people do some very stupid, yet entertaining things.
