
PMorgan Chase has stated it is not liable for the $6,000 an Ohio woman deposited into a scammer’s Chase account. The victim, who was deceived by someone posing as a Huntington Bank representative, was instructed to withdraw the cash and transfer it using a Chase debit card the scammer provided.
The scammer convinced her to use the Chase card with her Apple Wallet and deposit the money at a Chase ATM. After completing the deposit, the woman realized she had been scammed during a FaceTime call with the fraudster, who had asked her to perform various tasks to "verify her identity."
Despite reporting the incident to both the bank and the police, JPMorgan Chase has reportedly informed her that they are not responsible for the loss. The case is part of a broader investigation by the Consumer Financial Protection Bureau into whether major banks, including JPMorgan Chase, are doing enough to combat such scams.
The investigation also focuses on how banks manage and detect fraudulent accounts, particularly in relation to Zelle scams.
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