A suspected ‘malfunction’ at Chase Bank that allowed people to withdraw large sums of money from their accounts without actually having the funds at their disposal has gone viral on social media.

According to social media users, some people have taken advantage of a system glitch to withdraw money after depositing counterfeit checks into their accounts or after applying for large loans from Chase Bank ATMs.

Chase has apparently fixed the problem, as some people are now reporting that their accounts have huge negative balances or that funds have been frozen.

A Chase spokesperson declined to comment when approached by Newsweek on sunday.

Normally, it takes several days for banks to verify checks before the money appears in customers’ accounts. However, the outage made the money available quickly, allowing people to withdraw the money before the checks were recognized as fraudulent.

Others apparently got approved for large ATM loans quickly, as one X user, formerly a Twitter user, said in a video that quickly racked up more than a million views.

Another viral post on X showed people waiting in line at a Chase branch in New York. The user suggested this was to take advantage of the outage.

“People are currently lining up outside a Chase bank in New York trying to get free money with the new viral glitch,” the user wrote in a post that has been viewed more than 9 million times.

Now some are reporting serious consequences from attempts to exploit the flaw.

Some showed that they were now in massive debt, with one man reporting that his account showed he owed around $40,000. Other videos showed Chase holding on to the affected accounts for seven days.

Some people noted that the outage was actually just check fraud and that those who filmed themselves doing or attempting to do so and posted it on social media could face serious consequences.

“The internet is great,” someone wrote on X.

“A ‘Chase money glitch’ has gone viral on TikTok. People are filming themselves trying to do it. The glitch? Simple check fraud. It’s just unbelievable that people are filming and posting themselves committing fraud.”

Another wrote: “Please do not try the Chase Money Glitch. You are either going to ruin your credit or go to jail. Those are the two outcomes.”

And another wrote: “Nice reminder: the ‘chase money glitch’ is wire fraud, a felony. Jail, restitution, and more. I’m a little shocked Chase messed this up so badly, but it’s still illegal.”