Money for nothin' and your chicks for free
O dear me, there are a few basic truths in this world that should guide the wise through this veil of tears we call life. If you do not abide by these universal rules, your life will be adversely affected. These rules are usually imparted whilst young and by those older than ourselves, generally those who fulfil a parental role. The incipient and intellectually growing individual needs to take heed. There are those in life, for reasons that are eminently clear who wantonly ignore these basic and universal axioms. Folk who do not follow these fundamental maxims are not hard to identify as they suffer from a medical condition of no known cure called Fuckwittius Maximus.
A Tik Tok trend of late has been exalting the 'Chase Free Money Glitch'.
Background.
Here is how it goes: Chase Bank is a major financial institution based in the US. Apparently, and according to internet lore, there is a 'glitch' in Chase Bank's system that allows access to wads of 'Free Cash'. Simply write a cheque to yourself for a large amount and deposit said cheque using a Chase ATM. The amount, as if by magic, will instantly appear in your account. You are then able to withdraw the amount, and thus, you are the recipient of a great deal of free gelt. Hurrah!
Newly wealthy folk are posting videos online showing themselves holding clumps of crisp, nay uncrumpled, dollar bills. What on earth could go wrong? Queues of people have been observed outside Chase banks, waiting hours so that they, too, can lay hands on all that absolutely free lucre. Apparently, all this insanity took place during a US holiday weekend, and banks were closed until Tuesday. However, the bank was quick to note the problem, and on Tuesday, participants were shocked to discover that their accounts were devoid of funds and, strangely enough, the debit equalled the amount they thought was 'free cash'. O, woe is them.
What could ever go wrong?
Well, it turns out that writing and cashing cheques that do not have the backing of the requisite funds is called bank fraud. And bank fraud is taken very seriously by the banks and the government. As I understand it, this type of crime is punishable by up to 30 years in the nick, as well as incurring a hefty fine. Not only is the escapade a crime, but it is also a very stupid crime, as the perpetrators have left an easy trail leading back to themselves. Thousands of folk are involved and it will be interesting to see how this plays out. Personally, I have no sympathy for those who break the most rudimentary and elemental life rule: There is no such thing as free money.
It has not gone unnoticed by the flaxen-haired one that the folk involved belong to a distinct ethnic group. Nuff said.
Love, Money and Death - the three magical keywords to wake interest guaranteed, to sell some screenplay to producers, movie to the public, to sell every fckn thing (ah... by the way... Sex does too). That TicToc-trap reminds to the snowball-games ventilated in the 1970ies. Was not that illegal but produced losers only too.
ReplyDeleteHuman stupidity never fails.
DeleteWell, it's fraud unless the government does it. "Borrowing" from a bank that doesn't have the funds to lend but is able to write a credit amount on a napkin and collect tribute is also a fraud. These folks are simply borrowing from themselves, no foul no harm, just like the government.
ReplyDeleteWhatever way you roll it, these folks require censure for gross stupidity.
Delete