So what’s the deal here? The bank gives $5 million to the wrong guy. The wrong guy tries to tell them they made a mistake, but they insist that the money is his and that he can withdraw it. So he does. Now he’s charged with a crime?

A man was charged with withdrawing $2 million from an account after a bank confused him with a man who has the same name.

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.

Next thing you know he’ll be walking into Wal-Mart penniless and walking out with new clothes, new shoes and several other electronic items that someone told him he could just walk out with. Right?

So what do you think? Did he commit a crime, or was he simply acting on the advice of his financial advisors (aka the bank).

– Powered By Stuffr! –

Comments are closed.