Sunday, May 29, 2016

‘It happens sometimes,’ Australian bank told man who ‘found’ RM363m in his account


Matthew Pearce, a glazier in Melbourne, Australia, woke up in November last year to a notification that his personal bank account’s balance grew to A$123,456,789.01 (RM363 million) overnight.

When he notified the Commonwealth Bank (CommBank) about the mistake, Pearce said a customer service representative just laughed at his story and said, “Oh, that's great.”

According to Pearce, CommBank did not act on his case for two full weeks, and afterwards another bank representative called him to tell him a “glitch in the system and it can happen sometimes”.



“[The banking app] actually gave me the option to transfer the money ... so I could actively transfer money into someone else's account,” he told Australia’s Channel Nine, as reported by the Sydney Morning Herald this week.

“I was pretty shocked about it. I thought they'd actually paid me the money thinking I was someone else.”

Pearce approached the media with his story following the case of Malaysian student Christine Jiaxin Lee, who withdrew A$4.6 million (RM13.8 million) after she was mistakenly granted unlimited credit by Australian bank Westpac.

Lee, 21, was charged in Waverley Local Court this month with dishonestly obtaining financial advantage through deception and knowingly dealing with criminal proceeds.

Pearce’s bank balance has since been restored, and CommBank told Channel Nine that the glitch is now under investigation.

http://www.themalaymailonline.com/

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