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 Message Boards » » Bank accidently gave man $5m Page [1]  
Oeuvre
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Quote :
" NEW YORK - A man was charged with withdrawing $2 million from an account after a bank confused him with a man who has the same name.
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Benjamin Lovell was arraigned Tuesday on grand larceny charges. The 48-year-old salesman said he tried to tell officials at Commerce Bank in December that he did not have a $5 million account. He says he was told it was his and he could withdraw the money.

Prosecutors said the bank — which advertises itself as America's Most Convenient Bank — confused Lovell with a Benjamin Lovell who works for a property management company.

The lesser-funded Lovell gave away some of the withdrawn money and blew some of it on gifts, but lost much of it on bad investments, prosecutors said.

The district attorney's office did not immediately have information on his lawyer. Calls left with"



Geez, some people... Bad investments are probably antiques and blow.











DAMMIT.... LOOKS LIKE THE SPREAD ON THIS GAME IS +$5m TO THE BANK

[Edited on February 20, 2008 at 4:03 PM. Reason : .]

2/20/2008 4:03:18 PM

quagmire02
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how was this posted twice?

2/20/2008 4:07:48 PM

EMCE
balls deep
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haha

2/20/2008 4:09:13 PM

Str8BacardiL
************
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how was this posted twice?

2/20/2008 4:09:30 PM

EMCE
balls deep
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Why is the man getting charged? If a bank tells me I have 5mil in my account, sure as hell isn't going to be my fault for withdrawing 40% of it.

2/20/2008 4:09:41 PM

EMCE
balls deep
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how was this posted twice?

2/20/2008 4:10:36 PM

LardAss
Suspended
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fart

2/20/2008 4:14:32 PM

quagmire02
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how was this posted twice?

2/20/2008 4:14:53 PM

ncsuftw1
BEAP BEAP
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Sports Talk -> Chit Chat before i noticed he had posted it again

2/20/2008 4:15:09 PM

EMCE
balls deep
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I haven't the energy to do this any longer

2/20/2008 4:15:36 PM

quagmire02
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damn yankees.

2/20/2008 4:16:55 PM

Cyphr_Sonic
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ok lets put it this way he was umm its not my money theres a mistake they said there wasn't in my opinion the bank should just be out that money... after all they authorized it after he sad wrong account.
Was it right? No. but they shouldn't sue him

2/20/2008 4:17:45 PM

quagmire02
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i'd have buried the money and said i didn't know where it was...couple of years in prison might be worth $5 million...maybe not, though...not federal pound-me-in-the-ass prison

2/20/2008 4:19:27 PM

Oeuvre
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I am the man.

2/20/2008 4:23:14 PM

GraniteBalls
Aging fast
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how would you withdraw $5m?


obviously they wouldn't give you cash.....

2/20/2008 4:24:33 PM

lafta
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true, wow, now im sure everyone will need to have fingerprint scanned every time they go there

2/20/2008 4:59:15 PM

ndmetcal
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i'm wondering why this is the man's fault for withdrawing money from his own bank account?

if anyone should be sued or charged, it should be the bank teller who fucked up and gave it to the wrong person

2/20/2008 5:04:58 PM

dmidkiff
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How was this posted twice?

2/20/2008 6:42:14 PM

dagreenone
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If I withdrew 5 million on an account not mine, I'd move away to Denmark or somewhere.

2/20/2008 7:32:25 PM

DiamondAce
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^That was such a DnL type thing to say

2/20/2008 7:35:00 PM

dagreenone
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How so? Denmark is a cool country, would move to Japan except I don't speak Japanese.

2/20/2008 7:43:13 PM

FykalJpn
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you speak danish?

2/20/2008 7:46:13 PM

DiamondAce
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" " Meant that you didn't have to respond to my assery.


It just struck me as DnLish.


Besides that, I've got the giggles.

2/20/2008 7:48:08 PM

dagreenone
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^^ No, but I think it would be easier to learn than Japanese.

2/20/2008 7:57:14 PM

damosyangsta
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Plus, all the US military personnel in Japan would be more than happy to drag your ass back to the states to return the money.

2/20/2008 8:01:33 PM

wolfpackgrrr
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^ Assuming you lived in Okinawa where most of the bases are. Otherwise they'd never find your ass in Tokyo or Osaka.

2/20/2008 8:32:27 PM

NCSUWolfy
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wachovia says someone died and 'anonymously' left me $33k in a money market account

i'm not convinced and i'm not touching it until i have something in writing. plus, if its really mine i have to pay taxes on it so i dont want to hold on to it too long if it's not mine.

2/20/2008 8:34:41 PM

FykalJpn
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Quote :
"Plus, all the US military personnel in Japan would be more than happy to drag your ass back to the states to return the money"


haha, i don't think they're gonna send the kitty hawk after you

2/20/2008 8:40:12 PM

Oeuvre
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Quote :
"i'm wondering why this is the man's fault for withdrawing money from his own bank account? "


because he knew it wasn't his. Fraud.

2/20/2008 10:36:27 PM

amac884
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GESUNDHEIT!

2/21/2008 2:07:54 PM

Str8BacardiL
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Quote :
"NEW YORK — A defense attorney in New York City says her client believed he was rightfully entitled to the $2 million he's accused of stealing from a bank account managed by someone with the same name.

Attorney Julie Fry says Benjamin Lovell "didn't intend to steal from anyone." She says he'll explain in court what the bank told him that led him to believe the $5.8 million account was his.

The 48-year-old Brooklyn salesman has been arrested on grand larceny charges. A judge lowered his bail Friday from $1 million to $10,000 in cash.

Authorities say Lovell spent the misbegotten money on jewelry, cash gifts to friends and failed investments.

The account belonged to a trust, and a different Benjamin Lovell was a signatory on it."


Geez, some people... Bad investments are probably antiques and blow.

2/24/2008 3:30:59 PM

BigMan157
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2/24/2008 3:36:08 PM

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