Honest Virginia man rectifies $1.8 million bank error

Comment #19

jim695 — Mon, 29 Nov 2004 21:50:29 GMT

tg636:Sounds like a plan.In fact, I would encourage everyone who continually finds millions of dollars misdirected to their bank accounts to do the same.

Comment #18

mrmst — Mon, 29 Nov 2004 18:33:48 GMT

Great stories! I'm not sure how I would react to an extra million in my account, but at the very least, I think I would sit on it for a few weeks (collecting interest

Comment #17

tg636 — Mon, 29 Nov 2004 15:45:47 GMT

The next time I visit Aruba and other islands, maybe I should open up a bank account and get instructions on how to wire money to it in case this happens to me. How suspicious would that look, that I just happened to have an off shore account after accidently getting over $1 million? I'm sure they would drive themselves crazy trying to figure out my scheme.

Comment #16

hosni — Mon, 29 Nov 2004 00:15:13 GMT

Quote: Originally posted by jim695 on November 28, 2004I went through a similar situation with Sprint a few years ago, although the amounts in question were vastly different.Hey Jim, Loved your Sprint story. Come on ANYBANK, put some money into my 3 Bank and Credit Union accounts!Platinum John in sunny Escondido, CAhosni@lotterypost.com

Comment #15

Maverick — Mon, 29 Nov 2004 00:00:47 GMT

Wow I didn't know Sprint had an attitude. These big companies like screwing the little man. LOL@lemonade stand.

Comment #14

jim695 — Sun, 28 Nov 2004 23:39:18 GMT

Actually, a good case could be made if Mr. Kainrath wanted to keep the money.According to the story, the same bank made the same error at least three times in two years. This establishes a history of willful intent, which implies that the bank has demonstrated either a willful desire for Mr. Kainrath to be paid extra money, or that, through their repeated negligence, the bank is liable for its own deficit, since there was no fraudulent intent on the part of Mr. Kainrath.I went through a simila... [ More ]

Comment #13

Maverick — Sun, 28 Nov 2004 02:13:13 GMT

Thanx Chief Bottle Washer

Comment #12

Todd — Sun, 28 Nov 2004 00:56:53 GMT

Quote: Originally posted by Maverick on November 27, 2004Quote: Originally posted by JAG331 on November 27, 2004This is the third time it happened to him! Why can't I be so lucky?Yea, after the 2nd or 3rd time, I'd have to start thinking it's a gift from God... like God is saying, dangit you fool, keep the money lolMaverick, I missed your message earlier. That's too funny, I agree

Comment #11

Maverick — Sat, 27 Nov 2004 22:04:03 GMT

Of course.

Comment #10

four4me — Sat, 27 Nov 2004 22:02:33 GMT

I'm pretty sure if they put that kind of money into his account even though by accident and he started spending it knowing it wasn't his it's the same a stealing from the bank and he could be charged with bank robbery. And forced to make restitution.

Comment #9

Maverick — Sat, 27 Nov 2004 21:38:20 GMT

Quote: Originally posted by JAG331 on November 27, 2004This is the third time it happened to him! Why can't I be so lucky?Yea, after the 2nd or 3rd time, I'd have to start thinking it's a gift from God... like God is saying, dangit you fool, keep the money lol

Comment #8

JAG331 — Sat, 27 Nov 2004 17:37:37 GMT

This is the third time it happened to him! Why can't I be so lucky

Comment #7

CASH Only — Sat, 27 Nov 2004 16:54:40 GMT

Tom Petty knows what it's like to be a refugee...

Comment #6

Maverick — Fri, 26 Nov 2004 23:09:18 GMT

Quote: Originally posted by fja on November 26, 2004maybe a quick transfer to some swedish bank account and a trip to some non extradition country for the rest of his life would be fun.......Thats true. Could he have transferred the $$$ and just lived as a refugee? LOL

Comment #5

fja — Fri, 26 Nov 2004 22:00:28 GMT

maybe a quick transfer to some swedish bank account and a trip to some non extradition country for the rest of his life would be fun.......

Comment #4

Todd — Fri, 26 Nov 2004 21:41:51 GMT

Finders keepers, losers weepers

Comment #3

Michael E. Port — Fri, 26 Nov 2004 21:38:08 GMT

Sorry folks, I can't see myself being that honest. I most likely would have not spend it for years, but I differently would have have called the bank. If they had found it, they could have it back, but I would not have drawn their attention to is, that is for sure.

Comment #2

DoctorEw220 — Fri, 26 Nov 2004 18:54:53 GMT

better to do the honest thing.

Comment #1

LOTTOMIKE — Fri, 26 Nov 2004 17:52:30 GMT

my question is could he have kept quiet and maybe gotten away with it

Honest Virginia man rectifies $1.8 million bank error

Lottery Post — Fri, 26 Nov 2004 17:29:03 GMT

Last week, Mike Kainrath opened his mail and found a notice from his bank: We credit your account $1,789,830.61.Some people might start jotting a wish list: pay off mortgage, start (and finish) taking care of the childrens college, buy a new car.Kainrath had only one thought: Oh, no!Not again.Kainrath, a Suffolk resident and marketing research manager at The Virginian-Pilot , got a similar notice two Novembers ago when his checking account was credited with $2,700. In April 2003 , it happened a