News in Brief: Bank Gives $5 Million to Wrong Man

Bryan Belrad
In a stranger-than-fiction snafu, tellers at a Commerce Bank in Florida handed $5 million to a man with exactly the same name as the chap to which the funds rightly belonged.

When Benjamin Lovell, a simple salesman, told the tellers he did not have a $5 million account, they assured him that the money was his, and he could do what he wanted with it. So, he withdrew $2 million of what the bank itself told him was his own money, and is now being prosecuted for Grand Larceny.

Commerce Bank has not disclosed whether Mr. Lovell was given access to the other man's account, or if tellers mistakenly deposited the funds incorrectly to begin with.

All of which proves the old saying: easy come, easy go to jail, do not pass go, do not collect $2 million.

Published by Bryan Belrad

The mind behind Zero Sum Theory, author of best-selling fiction and non-fiction, see what else he's up to on Facebook.  View profile

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