NationStates Jolt Archive

So i check my internet banking last night just past midnight, and it states I have :

$1,111,1111 dollars

I did not find it funny, I checked again this morning and it was to the pittance it was.. :mad: :mad: :mad: :mad: :mad: :mad: :mad:

awwww man i feel bad for you

That is just mean!

wonder what would have happend if you withdrew it?? :D

A bank error in your favor
collect $1,111,1111

Interesting question...what if...

wonder what would have happend if you withdrew it?? :D

That is exacly what I wwould have done. ;)

wonder what would have happend if you withdrew it?? :D

Baby Jesus would cry.

a kid in NZ apparently managed to fake depositing a NZ$1,000,000 cheque by pushing a lollypop stick into the machine. i cant remeber where i heard of that though.

wonder what would have happend if you withdrew it?? :D
You would have been arrested for theft. Bank errors like this happen occassionally. The bank would argue that you should know it's an error, and therefore not your money. If you drew it out and spent any, you are committing theft.

Though I did read a few years ago about a man who saw an armoured truck lose some bags of money (the idiots left the back door open) and he grabbed one and then went on a spending spree. When arrested, he successfully claimed that seeing that much money (we're talking 10's of thousands here) sent him temporarily insane, so he didn't know what he was doing. The jury bought it.

I envy him!

You would have been arrested for theft. Bank errors like this happen occassionally. The bank would argue that you should know it's an error, and therefore not your money. If you drew it out and spent any, you are committing theft.

Though I did read a few years ago about a man who saw an armoured truck lose some bags of money (the idiots left the back door open) and he grabbed one and then went on a spending spree. When arrested, he successfully claimed that seeing that much money (we're talking 10's of thousands here) sent him temporarily insane, so he didn't know what he was doing. The jury bought it.

Reminds me of a story from my father. He works at a bankcompany and one day when he went to a bank, he was looking at some painters working in near the open vault. To paint the ceiling, they had taken a few crates, seemingly unaware that each of them contained about 25 million euro's ... (a bit more in dollars)

Did your father tell them how much money they were standing on? Would have been funny to see their expressions, especially if he had pretended their paint had damaged the crates and they had to pay for it!

A couple more stories about banks, since we're on this topic:

I was told years ago by a mate of mine who worked for a network company that handled most of the NZ banks transactions a funny story about ATM machines. When they were first being placed around Auckland, the engineers checking them were given a blank card that allowed them to access the machine and check to make sure everything was working.
One Sunday one of the engineers went around as many ATM machines as he could and used the card to draw out all the money in each of them. The last machine they have record of him using was the one in Auckland international airport.
And no, apparently they didn't catch him.


One of my computer lecturers told me a story about some programmer in a bank in the UK who realised something interesting about the way the banks handle interest - it rounds it to the nearest cent. So if you're owed 1.2pence in interest, the bank pays you 1cent. If you're owed 1.8, you get 2p. It all evens out in the long run.
But he cottoned onto the thought of 'what happens to all those 0.2 pence?' The Banks just ignore them. So he wrote a program that would secretly check the amount of interest being paid to an account, and if it was between 0.01 and 0.49p, the bank would deposit the excess into his account. In other words, you'd still get your 1p, but he would get the 0.2p. Not much you might think, but add it up over thousands of bank accounts and it starts becoming a healthy figure.
Apparently took months for the Bank to find out, and they couldn't really charge him with anything, as he technically hadn't stolen anyone's money. Neither the bank nor the account holders had lost any money from his scam. The story goes that in the end they agreed not to press charges as long as he showed the bank what he had done and how he had done it.

Finally, along the same lines as above. Several years ago, in Nelson NZ a couple of the bank managers had a similar but more basic idea to above. Ever Sunday and Public Holiday they would withdrawal everyone's money and deposit it into their own accounts for that day, thereby earning that interest for one day. Then come the evening, the money went back to the rightful owners. When you add up the amount of Sundays and Public Holidays a year, it comes to nearly 10 weeks worth of interest on millions of dollars. Since they were the managers, it took a while for them to get found out.