holly crap! talk about bouncing checks!

waggy

No Lifer
Dec 14, 2000
68,143
10
81
http://www.wsbtv.com/news/14740712/detail.html

COBB COUNTY, Ga. -- It?s one thing to bounce a check and it?s another to be so far in the red Bill Gates, Warren Buffet and Donald Trump combined couldn?t come close to bailing you out. A Cobb County man got a letter from his bank with that very shocking news.

?And I open up the letter and I look at it and I?m like, ?No, you?ve got to be kidding me,? said Joe Martins.

Martins said he recently closed an account at Wachovia Bank and made good on an outstanding check. He just got a letter about the closure and his negative balance -- $211,010,028,257,303.00. That?s $211 trillion.

The letter includes the clarification, ?no cents.?

?I didn?t know what to think. Obviously $211 trillion is a little above what I put in my bank account,? said Martins.

$211 trillion is more than 70 times the entire federal budget.

Still, the letter said Wachovia was reporting him to an agency that rates risky bank customers.

?I don?t own $211 trillion but because it is automated and reported to check systems, I assume it will be reported to my credit at some point,? said Martins.

He said Wachovia had made mistakes on his accounts before so he called Channel 2 first. Wachovia blamed the letter on a word processing error and the office of the president is sending a letter of apology.

?They tell me it?s going to be resolved but I?m not sure that it will,? said Martins. ?I closed my account today.?

Since it is a closed account it is now safe to say the dollar figure in the letter matched the account number.

Martins said Wachovia told him late Friday afternoon they never did report him for his negative balance. Wachovia vice president David Oliver told Channel 2, ?We can certainly understand how our recent correspondence with Mr. Martins about his account would be cause for great concern. I can confirm that there will be no adverse effect on Mr. Martins? credit report related to the letter he received. Also, I can confirm that this was an isolated error specifically related to his account





hahahah oh man that would suck. When i was 18 i had the bank screw up and put 2 million in my account. that lasted for like 3 days LOL
 

RESmonkey

Diamond Member
May 6, 2007
4,818
2
0
You had 2 mil in your account? Did the bank figure it out, or did you do the right thing?

 

waggy

No Lifer
Dec 14, 2000
68,143
10
81
Originally posted by: RESmonkey
You had 2 mil in your account? Did the bank figure it out, or did you do the right thing?

i didn't call them. but they deposit was on friday (i had deposited $2300 but the lady pu tin a few extra zeroes). at the time they gave you a book and they would run it through a machine that kept the balence for you etc.

i didnt notice until saturday (bank was closed) Monday morning they called me and told me the mistake. i just laughed and asked to keep it.

i kept the book. but over the 16 years i lost it.
 

Muadib

Lifer
May 30, 2000
18,124
912
126
When i was 18 i had the bank screw up and put 2 million in my account. that lasted for like 3 days LOL
Did you do any shopping?:D

EDIT: I now see that you didn't.
 

waggy

No Lifer
Dec 14, 2000
68,143
10
81
Originally posted by: Muadib
When i was 18 i had the bank screw up and put 2 million in my account. that lasted for like 3 days LOL
Did you do any shopping?:D

EDIT: I now see that you didn't.

i could have. well i had a ATM card.

but i knew they would take it out. didn't want ot neg my account heh
 

zig3695

Golden Member
Feb 15, 2007
1,240
0
0
i deposited $300 in the bank once and the lady sent the cash back in the tube right along with a deposit slip showing $300 going into my account as well. i did the right thing though, i left without making a scene and all has been well over 3 years since ;)
 

her209

No Lifer
Oct 11, 2000
56,336
11
0
Imagine what would have happened if the amount were more reasonable, say $2,110.10.
 

Squisher

Lifer
Aug 17, 2000
21,204
66
91
He should have just waited for it to go to a collection agency. Then he could have tried to negotiate it down. How about only 150 Trillion?

 

altonb1

Diamond Member
Feb 5, 2002
6,432
0
71
Originally posted by: zig3695
i deposited $300 in the bank once and the lady sent the cash back in the tube right along with a deposit slip showing $300 going into my account as well. i did the right thing though, i left without making a scene and all has been well over 3 years since ;)

So you kept it? And you admit it on ATOT? Get ready...The Holy Elite are going to attack and crucify you! Oh Noes....
 

EGGO

Diamond Member
Jul 29, 2004
5,504
1
0
Just give them $50 Canadian and the debt is all gone. (Oh I went there :p)
 

mrkun

Platinum Member
Jul 17, 2005
2,177
0
0
Originally posted by: Skoorb
Almost surprised that their computers store numbers that large.

I believe that's one of the reasons financial companies still use Fortran.
 

PokerGuy

Lifer
Jul 2, 2005
13,650
201
101
Dang, now that's a bummer.... "Honey, I think we're going to have to skimp a little on the Christmas presents for the kids this year, looks like we owe $211 Trillion dollars. Maybe a payday loan could help us pay it off?" :p
 

ElFenix

Elite Member
Super Moderator
Mar 20, 2000
102,402
8,574
126
Originally posted by: Skoorb
Almost surprised that their computers store numbers that large.


Originally posted by: videogames101
lol, 211 trillion? i didn't think banks even had software to compute that kind of amount.

their account balance computer system didn't store that figure. that was his account number. they put his account number in the field for how much he owed. it was a word processor error. his account was negative when it closed, and when that happened they sent him a letter. and the wrong thing got transcribed into the form.
 

Josh

Lifer
Mar 20, 2000
10,917
0
0
if i ever saw a statement like that..

i'd open my front door and just hope ashton kutcher walks in..
 

kt

Diamond Member
Apr 1, 2000
6,032
1,348
136
Originally posted by: ElFenix
Originally posted by: Skoorb
Almost surprised that their computers store numbers that large.


Originally posted by: videogames101
lol, 211 trillion? i didn't think banks even had software to compute that kind of amount.

their account balance computer system didn't store that figure. that was his account number. they put his account number in the field for how much he owed. it was a word processor error. his account was negative when it closed, and when that happened they sent him a letter. and the wrong thing got transcribed into the form.

That is one long account number.. most bank account numbers are 8-10 digits.