Bank accidentally sends 50 billion dollars tot he wrong account

Harrynorine

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For four days, Darren James and his family were multibillionaires.
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The real estate agent from Baton Rouge, Louisiana, and his wife were doing a routine check on their finances last Saturday when they noticed $50 billion had been mistakenly deposited into their Chase Bank account.

"That's not like a one zero error or a two zero error, that's somebody that fell asleep on the keyboard error," James joked. "I was excited for sure. Really surprised how it got there and wondered if I had a rich uncle that gave it to me."

But to his disappointment, it wasn't an inheritance -- just an incredibly unusual error.

Chase Bank restored the family's account to its correct balance on Tuesday, James said.

"We're still trying to figure out what happened, why it happened, how it happened, but we know we aren't the only ones this happened to," he told CNN. "The concern is whether my account was compromised, and the bank hasn't even called me. We haven't heard anything from anyone."

Chase Bank acknowledged the mistake to CNN, but gave a different timeline for when it was fixed.

"We had a technical glitch a couple weeks ago impacting a limited number of accounts. The issue was resolved one day later and all accounts are showing accurate balances," Chase Bank spokeswoman Amy Bonitatibus told CNN.

James said he never considered spending any of the money.

"My moral compass only goes one way and that's the correct way," he said. "There's a big difference between morality and legality. Honesty and good moral character immediately kicked in, we can't do anything with the money. I didn't earn it, it's not ours to spend."

James said if the family was able to keep the money, they would have tried to "bless" others in need.
 
Isn't Darren James the pornstar who got HIV, passed it on to the Canadian girl who literally just got into the business, then shut down the porn industry for months?
 
You think they're gonna let you withdraw $50million?

I keep trying to think of scenarios where he can win and I can't think of any!

I dont know honestly
But once the money is im your account, doesnt it belong to you ???

I know if i make a mistake and send you money originally destined for other account, its basically on you to give it back or tell me to fuk off
 
What would the interest paid be on 50 billion for four days?

I imagine that it would be a non trivial amount if they got to keep it.
 
This has actually happened to me previously but as a sherdogger, I didn't even notice, it just got lost in the pile.... all those billions look the same.

/shrugs
 
You probably can’t withdraw more than 100k cash without a day wait. And any contact with the bank will probably get the mistake noticed.

tough spot.

You can’t claim you thought it was a gift or something for real at that amount. Had it been like 50 million…maybe…
 
I was just wondering if you'd be obligated to pay back any money you took out? Like, if you pulled out 10k before the amount was notified, then is it on you to give it back?
 
I would have bought a few billion dollars worth of Cosmos tokens, collected 1 days worth of interest. Kept the interest and sold the rest and put it back. Would have made like 10 million in a day lol.

Well doing that much with that token would screw it all up so maybe only buy and stake 10 million for a day. I did the math, on Coinbase, just 5 billion in USDC, collecting at .15% would net me 2 million in one day. Same plan, minus sending its value to the moon and then crashing it.
 
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