Posted on 07/04/2022 8:05:07 AM PDT by BenLurkin
A worker in Chile submitted his resignation and could not be found after his job accidentally paid him about 330 times his salary because of a payroll error, according to reports.
The worker, a dispatch assistant at cold meats manufacturer Consorcio Industrial de Alimentos, received a paycheck of 165,398,851 Chilean pesos, or $180,418, for the month of May. He was only supposed to be paid about 500,000 Chilean pesos.
He agreed to go to the bank the next day, but kept the money and ignored communications from his employer over the next few days.
The man then offered his resignation through a letter sent to the company by his attorney.
(Excerpt) Read more at fox10phoenix.com ...
That is a nice chunk of change, but with inflation and low interest rates and high housing costs you can hardly retire on it.
Possession is 9/10ths of Chilean law.
You can in Latin America.
Back in the early 1980’s I represented a client in an IRS audit. I had not prepared the return, which was really bad, bordering on criminal fraud.
The reduced negotiated final balance due was just over $48,000.
The IRS fouled up the data entry and rather than send my client a $48,000 deficiency notice, sent him a $48,000 refund check. They never caught their error.
Thankfully, Congress passed the Taxpayer Bill of Rights shortly thereafter which protected people who received erroneous refunds caused by the IRS.
Years later I mentioned this situation to a regional manager at the IRS and asked, How could this happen?
He said, that’s minor. About that same time an IRS employee in Philadelphia accidently processed a computer tape twice that included a large batch of transactions. It was not caught before all the duplicate refund checks were issued to the taxpayers.
All IRS employees, including field agents doing audits had to drop their current work and go knocking on doors to collect the duplicate refund checks. They were told “ If they don’t give the refund checks back after some threats and verbal pressure DO NOTHING.”
The IRS covered the whole thing up.
Many of you remember about twenty years ago when the IRS said to make checks payable to US Treasury and not the IRS.
The reason was that IRS employees were stealing checks and depositing them in phony bank accounts under names like Ira R. Smith. By sqeezing the additional letters on the check payee, they stole a lot of $$$$. All covered up.
Frijoles is beans. Chile is the peppers.
he’ll prolly be crossing at tiajuana or juarez this week
In the early 70’s I too was the victim of military overpayment. I was assigned to graduate school at Colorado State after two years of flying duty in SEA. I was no longer on flight status but the AF in their infinite wisdom continued to pay me flight pay. I told the pay people about this error and they maintained, technically sound, that they had received no orders regarding my flight status so they would continue paying me. I knew that at some point they would want this money back so I stuffed it into a savings account. About a year later, indeed they wanted it back. I pocketed the interest.
How is he a thief? The company paid him, just WAY too much.
If someone sends me a direct deposit of 330 x my salary, why am *I* a thief if I keep it?
“Shoot, A Fella' Could Have A Pretty Good Weekend In Vegas With All That...”
For the youth among us:
In the early 70s, the average savings rate started to spike, hitting a peak of 14.6% in May of 1975.
“I came to this country with only $180,000 in my pocket...”
So my Ulysses S. Treasuryski account isn't going to work? :)
Back in the 70’s as a starving grad student I went to the bank to take out some cash from my account. In the process the Teller says, “BTW, your recent deposit has cleared”. I asked “What deposit?” since I hadn’t made any. He says in a whisper “The big one”. So I asked “What big one?”. Then again in a whisper he say’s “The million dollar one”. For a second I was tempted to ask for a withdrawal but knew that would be a felony, so I just told him about the error.
“Go on, take the money and run...”
“I came to this country with only $180,000 in my pocket...”
xxxxxxxxxxxxxxxxxxxxxxxx
HAR
Yup.. If you put bean in it, it is no longer chile ;)
You keep something you know doesn’t belong to you - that makes you a thief.
ZACKLY!
Besides, if it weren’t wrong for him to keep the money, he wouldn’t be working so hard at not being found. Instead, he’s putting a lot of effort into escaping to the Lifestyle of the Rich and Totally Obscure.
In the early 90’s I was working as a mechanic installing air conditioners and other accessories in cars coming off the boat from Japan. The company decided to close the division I was working in and the employees were given the choice of applying for a position at one of their other shops (not just a transfer) or be laid off.
I chose the layoff option.
Last day came and went and I turned in my gear and joined the ranks of the unemployed. About two months transpired and I got a letter from my old employer telling me that they gave me too much money in my last check and demanded it ($500.00) be repaid.
Apparently when Payroll tallied up my earned wages, remaining vacation, holiday earnings, and severance they credited the severance twice. I was entitled to $500.00 but got $1000.00. They mailed the final check to me and there wasn’t a breakdown of what monies for which earnings.
So I wrote them a letter explaining that I was unemployed and unable to cut them a check for any over-payments. I did agree that the debt was valid and that I would make restitution - that restitution would by necessity have to be in the form of installments.
Their response was immediate and terse - payment was expected immediately and in full. So I sent them a check for $50.00 and promised to send a like sum each month until repaid in full. To my surprise they returned the check and again demanded payment in full. So I ignored them and got on with my life.
They sent me two more demand notices but with the same terms (that I couldn’t afford to pay) bwfore finally giving up. I think they realize that they F’d up by rejecting my check plus offer of monthly payments.
I banked the $1000.00 for six months before spending it on bills. The company eventually went out of business.
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