You might have heard of it.

It's not a glitch.  It involves "mobile depositing" a bogus check, then immediately going and taking the money out through an ATM.

The "glitch" is that they're not holding the deposit.  Why is an unknown; perhaps their system is misconfigured.  We supposedly live in a world where checks clear almost-instantly although I don't know about that -- but certainly, they do clear faster, sometimes next day.

This presumes they bounce equally quickly too.

When it bounces of course then the person now has a negative balance -- maybe a really BIG negative balance.  Of course they did it intentionally in the first place so its not a "glitch", its check fraud and in amounts over $500 in most states its a felony.

Every one of the social media posts I've seen so far has been black men.  Now maybe its not, but it sure looks that way, and you'd think if this was "evenly distributed" it would be something like one in five or six with the rest being other folks -- white dudes and dudettes, asians, etc.  Nope.

Ok folks, where are the handcuffs?  I assure you that if I tried to rip off 10 large this way I'd have the Sheriff at my door and he'd be giving me a nice ride in the back to the fine jail that sits near the corner of Chapman and 66 until I saw the Judge, and there's good odds I'd be looking at a couple of years in the pokey, plus a requirement to pay it all back with interest which would be kinda hard with a felony conviction on my record.

And where did these folks get the idea that they could literally steal money by the thousands without consequence?  When you get down to it this is robbing a bank!

By the way, one of the fine folks on my forum took what may be the original TikTok and frame-grabbed it.  What did that disclose?  The person who posted that didn't actually do it; the "money" is prop money, used in movies.  So you have a black guy posting what amounts to a solicitation to commit bank fraud -- a felony for which you can do hard time -- aimed at other black people.

Inequality eh?  Well, I'd like some equality and in fact I demand it: Prison sentences, long ones, for everyone who pulled this crap without regard for their race, creed, color, sexual orientation or "gender".

I worked for my money and on this Labor Day I refuse to let people who decide to steal instead get away with it.