A New York man who discovered that millions of dollars had mysteriously appeared in his bank account, and withdrew more than $2 million, has been arrested on charges of grand larceny, prosecutors said on Wednesday.
Lovell had just $800 in his own Commerce Bank account when he went to make a deposit, but a teller, mistaking the Woodlawn account for Lovell’s personal account, told him that his account contained more than $5 million, prosecutors said.
Lovell made multiple withdrawals even though he knew that the money was not his, prosecutors said. He used the money to buy jewelry for his girlfriend and to make several investments, they said.
Poor guy faces 25 years in jail, and has a 3 million dollar bail. I personally think the Commerce Bank should be held accountable for them making the mistake. I don’t know of many people who would argue with bank teller saying you have 5 million dollars in your account. I just hope he made some good investments with the money he took out, maybe after 25 years he will have a nice Return.
Leave some comments on what you would do if this happened to you.
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