DailyDirt: Bank Error In Your Favor....
from the urls-we-dig-up dept
You might think that with all the supercomputer capabilities available that banks wouldn't make somewhat simple errors with huge dollar amounts. You would be wrong. Human errors can be greatly magnified by automated systems, and these errors seem to happen almost regularly. What would you do if you found more than a few extra bucks in your bank account? Here are just a few recent examples of some pretty big monetary mistakes.- Paypal created a temporary quadrillionaire by accidentally crediting $92,233,720,368,547,800 to a very surprised Chris Reynolds. The error was corrected quickly, but Reynolds said that if he had been able to keep the money, he would have paid down the national debt and maybe bought the Phillies. [url]
- Bank of America mistakenly gave Ronald Page unlimited cash withdrawals from its ATMs -- which he used to extract over $1.5 million ($1,543,104!) over a few weeks. This 55yo Detroit resident lost it all gambling, and he's been court-ordered to repay this sizable sum. (Good luck collecting that, BoA...) [url]
- Another accidental millionaire tried to run off with £3.4 million after his bank erroneously transferred that amount to his bank account. Hui "Leo" Gao wired the money to some foreign banks and took his girlfriend on a two year adventure. Eventually, he and his girlfriend were caught, and the bank recovered about £1.5 million. [url]
Filed Under: accidents, atm, banks, error, mistakes, money, quadrillionaire
Companies: bank of america, paypal
