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The new viral TikTok scam promised ”unlimited money” and has cost its victims millions in debt and prison sentences.

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The surprise is that infinite money does not exist. In recent days, TikTok users believed they had discovered a trick to generate a constant flow of money in real life. However, to no one’s surprise, it was actually a form of check fraud. Despite numerous videos showing people who were able to issue checks for large sums without funds and withdraw the money before they were rejected, everything shown in the videos was false.

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As reported by the German portal Mein-MMO in a recent publication, the “trick” worked due to an error in the US banking system Chase. Thanks to this, they could access some of the money before verifying the check, but the bank quickly resolved the issue and labeled the action as fraud. In fact, this trick was actually a modern version of “kiting”, a fraud that has existed for a century and can be punished with fines of $1 million and up to 30 years in prison, at least in the United States.

Social networks are filled with mockery

As expected, this situation sparked countless jokes on social networks, as some users made fun of those who now owe large amounts of money to the bank. In fact, a video showed an extensive line of people queuing outside a bank, as many took advantage of this situation to try to exploit the error. Platforms like X have videos related to this topic that exceed 20 million views.

However, not all reactions were in a joking tone. Likewise, there were also many users who expressed frustration on social media because numerous adults believed that this trick could work, stating that we are in the digital age and therefore, information is at your fingertips. Once again, TikTok becomes the origin of several controversial trends ranging from the absurd to the illegal.

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Main image by Alexander Grey (Unsplash)

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