Darn...

Bill Douglas · 05-05-2008, 04:27 PM

I was getting one of my (yikes many) mortgage accounts re-established a month ago and the bank accidently credited my savings account with $327,500.00 This was a month ago and everything was going well, I was even down to working out the color of the new GT3. But darn they found it this morning and have taken the money back - spoil sports.

varmint · 05-05-2008, 04:32 PM

my condolences

did they let you keep the interest? was there interest?

Bill Douglas · 05-05-2008, 05:25 PM

No, they even took that too. I thought taking the interest was being particuarly insensitive when considering I'd just lost my GT3.

island_dude · 05-05-2008, 06:40 PM

I am very sorry to hear of your loss. Perhaps they could compromise with a boxster or something?

Bill Douglas · 05-05-2008, 06:48 PM

LOL Thanks, I'm starting to feel better now. Not so robbed.

Arizona_928 · 05-05-2008, 08:31 PM

i would've went in and withdrawed as much as possible..

but then again that wouldn't be honest

Bill Douglas · 05-05-2008, 09:13 PM

The game plan was to wait a while, maybe 6 months, and if I still had it - spend it then.

As it is, if they asked me any questions in the short term I could just behave in a naive manner and say "Oh I'd no idea what all those big numbers meant and all"

I thought silver with a black interior, tourist delivery as they call it - pick it up at the factory. Then a drive around Northern Europe for a couple of months to break it in.

competentone · 05-05-2008, 09:39 PM

Quote:

Originally Posted by Bill Douglas

I was getting one of my (yikes many) mortgage accounts re-established a month ago and the bank accidently credited my savings account with $327,500.00 This was a month ago and everything was going well, I was even down to working out the color of the new GT3. But darn they found it this morning and have taken the money back - spoil sports.

What bank?

It is "odd" that it took them a month to realize their "mistake" and make the correction....

Maybe it's not an "accident" but an intentional act (of accounting fraud) by the bank to make their balance sheet look better for some audit, or earnings reporting period.

If they made a similar "mistake" for a few hundred, or thousand, accounts, they sure would be moving a good amount of money around and could make their balance sheet look "pretty" -- at least for a short period of time!

If it's a publicly-traded bank and was part of a fraudulent accounting scheme, maybe you could short the stock and make enough to afford that GT3 when the fraud eventually catches up with them!

Bill Douglas · 05-06-2008, 12:25 PM

I don't want to say who the bank is in case someone here works for that bank or knows someone there. But what I think happened was I did the mortgage "deal" with a fairly high level banker, then he palmed the job off to a lesser person. Her and I did the documentation together. Then she passed it onto some kid in the office to do the humble bank clerk work. The kid really stuffed it up with wrong interest rates etc, but I wasn't saying anything due to the fact I was $137,500.00 better off. I used to work for a bank and know that everything is checks and balances, and all money (other than interest) has a built in audit trail as to where it's come from and where it's going. I thought there was a bit of a chance of me getting away with it as even I was confused as to which amount in which account was from where, LOL.

Danny_Ocean · 05-06-2008, 12:41 PM

Quote:

Originally Posted by Bill Douglas

I was getting one of my (yikes many) mortgage accounts re-established a month ago and the bank accidently credited my savings account with $327,500.00 This was a month ago and everything was going well, I was even down to working out the color of the new GT3.

"Yes, I would like to close my account, please. Small bills if you have..."

Bill Douglas · 05-06-2008, 12:55 PM

Damn, I should have got your advice earlier Danny, LOL.