Florida woman goes to ATM to withdraw $20, discovers almost $1B in account

NY Post ^ | 06/22/2021 | Yaron Steinbuch

[ChicagoConservative27]

How in the world does a bank make a mistake that big??

[z3n]

How in the world does a bank make a mistake that big??

~~~

Someone doing data entry who has narcolepsy nodded off for a few seconds when their hand was on the 9 key?

What I wonder is if this was really a mistake. I call shenanigans. Someone was moving money around and didn’t expect anyone to be checking that account at that exact moment.

[ClearCase_guy]

1) Clearly it’s not her money, so she better not spend a penny of it.
2) The IRS is going to send her a massive tax bill.

[canuck_conservative]

Explain to the bank that you need to make a withdrawal of $20 million in cash, even if it takes a few days

then sell your house, and move to a non-extraditable country & retire

people dream about mistakes like this!!

[Leaning Right]

Maybe the bank didn’t make a mistake. Maybe Biden is now giving everyone $1 billion to help stimulate the economy. I’d like to say more, but I’ve got to go check my bank balance.

[pepsionice]

Computer glitch.

I once worked for a company and they were bringing in a new system to handle man-hours/leave. I came in on a Monday after wrapping up two weeks of leave, and I had around 60,000 hours of leave on my account. Once they discovered the glitch...they corrected back to the amount I had before the leave. So I got 80 man-hours of vacation free of charge.

[null and void]

I’d like to withdraw all of it in pennies, please...

[fireman15]

From the article, “But Chase spokeswoman Amy Bonitatibus clarified to The Post on Tuesday that what Yonkowski thought was a balance was actually a negative in that amount that the bank posted “to draw her attention to an issue with her account.”

Chase should probably have just not commented on this one... it makes them look even more stupid and unresponsive than they really are. I have been through similar nonsense trying to navigate their idiotic phone system. It is ridiculous.

[Carriage Hill]

Rounding error. lol.

[EvilCapitalist]

In that case the Zimbabwe 1 trillion dollar bill should start becoming common place here in the USA.

[Fai Mao]

Rather, deposit all of it into a tax exempt bond fund. Then wait for the bank to discover the error and give them the principle back, keeping the tax free interest.

[SmokingJoe]

Your point 2 is in direct contraversion with your point 1. If it's not her money ( which it isn't), the IRS cannot send her a massive tax bill on it.

[ClearCase_guy]

That’s why it’s funny. Or not. I don’t consider the IRS to be smart, fair, reasonable.

[dfwgator]

[xp38]

The stunned customer told the outlet that she wanted to return the massive amount because she could not get a real person to talk to at her bank.

I'm sorry Julia I'm afraid I cannot correct this error.

[Jane Long]

LOL....

She could claim ignorance....as in...I didn’t know how the money got there, and I sure didn’t know how to get it back to where it came from.....merely safe keeping :-)

Meanwhile, she earned some nice interest....until the ‘glitch’ was discovered.

[dfwgator]

[taxcontrol]

wrong digit or two on the account number can easily be fat fingered.

However, this speaks to poor quality control. A transfer should never be permitted until the job has been verified.

[canuck_conservative]

If it's not her money (which it isn't)

Who says it isn't her money?

SHE didn't do anything illegal to acquire it, it's legally in her account

[butlerweave]

Keep the interest ,LOL