Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

Woman Finds $10 Billion in Checking Account
AP ^ | 10/23/02

Posted on 10/23/2002 12:44:46 PM PDT by 11th Earl of Mar

By Associated Press


October 23, 2002, 11:33 AM EDT

STOCKHOLM, Sweden --

When Gun-Britt Marklund checked her bank account to see whether her monthly child allowance check had arrived from the Swedish government, she knew that what she saw was too good to be true.

Her account showed a balance of more than 93 billion kronor (US$10 billion) on Sunday.

"You never see amounts like this," said the 40-year-old teacher and mother of three children, ages 10, 13 and 15. "I thought this money doesn't belong to me. Something must be wrong."

Marklund's hunch was correct. On Monday, she informed her bank of the inflated child allowance payment -- twice the size of Sweden's defense budget -- and the bank acted swiftly.

An employee had punched in a few too many zeros when funneling payments from the social insurance office into Marklund's account, ICA Bank spokesman Bo Lagergren said.

The transaction was canceled and gone were the 93 billion kronor along with 15 million kronor (US$1.6 million) of interest accrued over the three days before the error was detected.

Lagergren said the bank had sent Marklund a bouquet of flowers along with apologies.

"We hope she'll be happy with that," Lagergren said. "But it's of course very difficult to find compensation on this level."

Marklund, who lives in Haernoesand, 350 kilometers (220 miles) north of the Swedish capital, Stockholm, said her child allowance is normally 3,000 kronor (US$322) a month.

Copyright © 2002, The Associated Press


TOPICS: Extended News; News/Current Events
KEYWORDS:
Navigation: use the links below to view more comments.
first 1-5051-62 next last

1 posted on 10/23/2002 12:44:46 PM PDT by 11th Earl of Mar
[ Post Reply | Private Reply | View Replies]

To: 11th Earl of Mar
What an idiot--loose lips sink big balances
2 posted on 10/23/2002 12:46:46 PM PDT by MTCJK
[ Post Reply | Private Reply | To 1 | View Replies]

To: 11th Earl of Mar
My first reaction?

"Thank you Lord, thank you!!

3 posted on 10/23/2002 12:48:38 PM PDT by mlmr
[ Post Reply | Private Reply | To 1 | View Replies]

To: 11th Earl of Mar
My first reaction?

"Thank you Lord, thank you!!

4 posted on 10/23/2002 12:48:41 PM PDT by mlmr
[ Post Reply | Private Reply | To 1 | View Replies]

To: 11th Earl of Mar
Sniper?
5 posted on 10/23/2002 12:49:15 PM PDT by The G Man
[ Post Reply | Private Reply | To 1 | View Replies]

To: 11th Earl of Mar
"I thought this money doesn't belong to me. Something must be wrong."

Ya think??

Obviously a Democrat.

6 posted on 10/23/2002 12:49:15 PM PDT by john in missouri
[ Post Reply | Private Reply | To 1 | View Replies]

To: 11th Earl of Mar
When I saw the title my first reaction was "God let this be my wife.."
7 posted on 10/23/2002 12:49:46 PM PDT by Constitutional Patriot
[ Post Reply | Private Reply | To 1 | View Replies]

To: 11th Earl of Mar
Wow on the interest...heh
8 posted on 10/23/2002 12:50:16 PM PDT by Lucas1
[ Post Reply | Private Reply | To 1 | View Replies]

To: Constitutional Patriot
ROFLMAO.
9 posted on 10/23/2002 12:51:15 PM PDT by Howlin
[ Post Reply | Private Reply | To 7 | View Replies]

To: MTCJK
What an idiot--loose lips sink big balances

I really think they would have found out pretty soon anyways. If she was a theif, her best bet would have been to transfer a big chunk of the money into another account in another country and move there.

10 posted on 10/23/2002 12:51:27 PM PDT by Always Right
[ Post Reply | Private Reply | To 2 | View Replies]

To: mlmr
Lol. That would've been my first reaction as well.

Unfortunately, my second reactions would've been, "If I spend any of this, I'm going to be in deep manure."

11 posted on 10/23/2002 12:51:51 PM PDT by john in missouri
[ Post Reply | Private Reply | To 4 | View Replies]

To: 11th Earl of Mar
The Swedish welfare state almost went bankrupt... lol
12 posted on 10/23/2002 12:52:00 PM PDT by goldstategop
[ Post Reply | Private Reply | To 1 | View Replies]

To: 11th Earl of Mar
Wait a minute. Was that money from a Mr.Afred Mahon from Nigeria?
13 posted on 10/23/2002 12:53:25 PM PDT by robertpaulsen
[ Post Reply | Private Reply | To 1 | View Replies]

To: 11th Earl of Mar
Better than the time I had my checking account overdrawn to the tune of $188,000 plus change. It seems someone fat fingered keying all the daily checking debits from Giant Food Stores and they hit my account. Instant ruin that took me three damn weeks to get corrected. About a year later I went to an ATM machine and I had a positive balance of $360,000 when withdrawing twenty bucks! Funny though, that was corrected the next day. I saved the receipt though.
14 posted on 10/23/2002 12:54:30 PM PDT by blackdog
[ Post Reply | Private Reply | To 1 | View Replies]

To: 11th Earl of Mar
That happens very often (though usually in the thousands, not for billions of dollars). Years ago, my husband worked in a job correcting such errors for a bank. Usually, the account holders would see the error and make a quick withdrawal, then spend it all. The bank would have to settle for something like $10/month pay-back from the customer, who ended up with an interest-free loan! When they asked one woman, "Didn't you know that the $100,000 wasn't yours?" She responded, "But, I was praying for it, and I thought God gave it to me."
15 posted on 10/23/2002 12:56:08 PM PDT by Tired of Taxes
[ Post Reply | Private Reply | To 1 | View Replies]

To: 11th Earl of Mar
I thought I had found my long lost love...I'll keep looking.
16 posted on 10/23/2002 12:56:20 PM PDT by tubebender
[ Post Reply | Private Reply | To 1 | View Replies]

To: john in missouri
I don't know, what would be the interest charges on 10 billion per minute for being in my account...
17 posted on 10/23/2002 12:57:23 PM PDT by mlmr
[ Post Reply | Private Reply | To 11 | View Replies]

To: blackdog
You have a really stupid person working in bookkeeping at your bank! lol
18 posted on 10/23/2002 12:57:33 PM PDT by WhyisaTexasgirlinPA
[ Post Reply | Private Reply | To 14 | View Replies]

To: blackdog
had a positive balance of $360,000 when withdrawing twenty bucks!
If that happened to me my fingers would of been worn out going from ATM to ATM withdrawing funds. Wonder what $100k in $20 bills would look like in my wallet.
19 posted on 10/23/2002 12:57:37 PM PDT by lelio
[ Post Reply | Private Reply | To 14 | View Replies]

To: 11th Earl of Mar
This story is outrageously funny.
20 posted on 10/23/2002 12:59:10 PM PDT by Straight Vermonter
[ Post Reply | Private Reply | To 1 | View Replies]

To: john in missouri
She can't be a Democrat. She saw that the money wasn't hers and did the honest, honorable thing.
21 posted on 10/23/2002 12:59:45 PM PDT by Poohbah
[ Post Reply | Private Reply | To 6 | View Replies]

To: 11th Earl of Mar
monthly child allowance check had arrived from the Swedish government

What is that?...Does anyone in these countries work?...No wonder they must import workers...What a nightmare...Coming to USA next?

22 posted on 10/23/2002 1:00:06 PM PDT by dakine
[ Post Reply | Private Reply | To 1 | View Replies]

To: Tired of Taxes
When they asked one woman, "Didn't you know that the $100,000 wasn't yours?" She responded, "But, I was praying for it, and I thought God gave it to me."

The proof that God really gave it to you is when the bank doesn't ask for it back.

23 posted on 10/23/2002 1:01:55 PM PDT by hopespringseternal
[ Post Reply | Private Reply | To 15 | View Replies]

To: dakine
Well, give her credit. She might be a socialist, but she's an honest one.
24 posted on 10/23/2002 1:03:02 PM PDT by RichInOC
[ Post Reply | Private Reply | To 22 | View Replies]

To: 11th Earl of Mar
So, you are saying Moose sent the 10B to the wrong account?
25 posted on 10/23/2002 1:03:39 PM PDT by CFW
[ Post Reply | Private Reply | To 1 | View Replies]

To: hopespringseternal
When they asked one woman, "Didn't you know that the $100,000 wasn't yours?" She responded, "But, I was praying for it, and I thought God gave it to me."

The proof that God really gave it to you is when the bank doesn't ask for it back.

I just snorted Pepsi through my nose...

26 posted on 10/23/2002 1:03:56 PM PDT by Poohbah
[ Post Reply | Private Reply | To 23 | View Replies]

To: 11th Earl of Mar
I hate when that happens...
27 posted on 10/23/2002 1:04:17 PM PDT by jude24
[ Post Reply | Private Reply | To 1 | View Replies]

To: 11th Earl of Mar
Lagergren said the bank had sent Marklund a bouquet of flowers along with apologies.

Considering the work she saved them locating the error...that was mighty big of them.

28 posted on 10/23/2002 1:12:33 PM PDT by Focault's Pendulum
[ Post Reply | Private Reply | To 1 | View Replies]

To: hopespringseternal
The proof that God really gave it to you is when the bank doesn't ask for it back.

Has anyone else run across these phony $100 bills that say "This bill is counterfeit but Jesus is the real thing"? I've seen them twice now in the last week (and been a little disappointed on closer inspection!). The funny thing is, the bill has a picture of Al Gore (with beard) on it--I am NOT making this up!

29 posted on 10/23/2002 1:16:09 PM PDT by Tancred
[ Post Reply | Private Reply | To 23 | View Replies]

To: 11th Earl of Mar
a woman with money of her own?

I have the urge to merge

.

30 posted on 10/23/2002 1:18:30 PM PDT by Elle Bee
[ Post Reply | Private Reply | To 1 | View Replies]

To: 11th Earl of Mar
Commie country. Redistribution of wealth. I knew of an unmarried couple in canada with 3 kids receiving a monthly child allowance check. They owned their own home (jointly) and both had jobs. This is not freedom, because they are "legally" robbing others.
31 posted on 10/23/2002 1:19:52 PM PDT by 1stFreedom
[ Post Reply | Private Reply | To 1 | View Replies]

To: 11th Earl of Mar
Sweden has a defense budget? Since when does a socialist paradise need defense?
32 posted on 10/23/2002 1:22:38 PM PDT by Fresh Wind
[ Post Reply | Private Reply | To 1 | View Replies]

To: robertpaulsen
Hey what a coinkidint ... Are you anxiously awaiting a reply from Mr.Mahon of Nigeria as well ??

(excuse me while I do a little clean-up on my 'puter screen)

33 posted on 10/23/2002 1:29:51 PM PDT by CIBvet
[ Post Reply | Private Reply | To 13 | View Replies]

To: 11th Earl of Mar
"I thought this money doesn't belong to me. Something must be wrong."


Funny, she doesn't say that about her monthly "child allowance". What is that all about? That money must be coming from somewhere. I guess they pay her to have kids and no husband.

About 15 years ago, I received a notice from my bank saying that I had an overdraft because I had written a check for something like 1.9 million and I had a balance of only 1.7 million in my account. The actual balance was more in the neighborhood of $250. I never did figure that one out. By the time I received the notice and called, they had figured it out -- or so they claimed!
34 posted on 10/23/2002 1:34:52 PM PDT by Bigg Red
[ Post Reply | Private Reply | To 1 | View Replies]

To: Fresh Wind
Sweden has a defense budget? Since when does a socialist paradise need defense?

They've all got those G.I. knives which are pretty spendy I hear, LOL.

EBUCK

35 posted on 10/23/2002 1:39:38 PM PDT by EBUCK
[ Post Reply | Private Reply | To 32 | View Replies]

To: mlmr
My first reaction was that Bill Clinton had to dump what he had stolen from the US Treasury and he'd just get later.
36 posted on 10/23/2002 1:46:03 PM PDT by FryingPan101
[ Post Reply | Private Reply | To 3 | View Replies]

To: 11th Earl of Mar
Ummm..does anyone else find it weird that this money didn't actually exist? Where did 93 billion kronors come from? Was it actually money that got pulled from other accounts? Where they actually in circulation, or were they so many numbers that just magically poofed into being when some datamonkey punched the zero button a little too hard?

Kinda scary, that maybe you can just "make" money like that now..
37 posted on 10/23/2002 1:47:46 PM PDT by WyldKard
[ Post Reply | Private Reply | To 1 | View Replies]

To: 11th Earl of Mar
When Gun-Britt Marklund checked her bank account to see whether her monthly child allowance check had arrived from the Swedish government...

What, was she married to Sweden or did she just sleep around a lot?

38 posted on 10/23/2002 1:55:06 PM PDT by Prodigal Son
[ Post Reply | Private Reply | To 1 | View Replies]

To: Bigg Red
I guess they pay her to have kids and no husband.

Don't mean to be a stickler, but the article doesn't mention her marital status. The Swedes have a very different system from the US. Here's a link to a page from Sweden outlining the child allowance and some other support for families provided by their government.

http://social.regeringen.se/pressinfo/pdf/familj/familjepolitik_en.pdf

I wonder if it has had any positive impact on their birth rate.

39 posted on 10/23/2002 1:56:23 PM PDT by ReadMyMind
[ Post Reply | Private Reply | To 34 | View Replies]

To: Straight Vermonter
You got me hooked!

I'm about to walk out the door, and I didn't have the inclination to pay for the ending - did you?

Are you Patrick Combs?

This is a cruel joke LOL -

I've got to know....
40 posted on 10/23/2002 1:57:38 PM PDT by M. Peach
[ Post Reply | Private Reply | To 20 | View Replies]

To: WyldKard
With computers, almost anything is possible. Most money is just a set of bits in a computer (under a mountain in Switzerland?). Any decent programmer could make money from nothing (but he still can't get his chicks for free...;-).
41 posted on 10/23/2002 1:58:05 PM PDT by ReadMyMind
[ Post Reply | Private Reply | To 37 | View Replies]

To: Straight Vermonter
That was GREAT! Took me about an hour, between kids and house stuff, but well worth it, thank you for the link!
42 posted on 10/23/2002 2:14:29 PM PDT by agrace
[ Post Reply | Private Reply | To 20 | View Replies]

To: goldstategop
What is this? She's a teacher and still collects welfare??? I didn't read anything about a father, either. Family life in Sweden?

g

43 posted on 10/23/2002 2:17:25 PM PDT by Geezerette
[ Post Reply | Private Reply | To 12 | View Replies]

To: Fresh Wind
Sweden has a defense budget?

Oddly enough, Sweden has always had a world-class air force as regards both equipment (mostly by SAAB) and numbers; when Sweden was planning air force buys in the sixties, for instance, they originally planned to buy 800+ Viggens, even though they eventually settled for only(!) 329.

44 posted on 10/23/2002 2:35:14 PM PDT by Grut
[ Post Reply | Private Reply | To 32 | View Replies]

To: Geezerette
In Socialist European countries, they have to pay people to have kids because the birth rate is so low. Many ethnicities are facing extinction because they are so morally bankrupt and while the governments believe themselves to be God(s), they have not determined how to beget children.
45 posted on 10/23/2002 2:47:21 PM PDT by Theophilus
[ Post Reply | Private Reply | To 43 | View Replies]

To: 11th Earl of Mar
Marklund's hunch was correct. On Monday, she informed her bank of the inflated child allowance payment -- twice the size of Sweden's defense budget -- and the bank acted swiftly.

An employee had punched in a few too many zeros when funneling payments from the social insurance office into Marklund's account, ICA Bank spokesman Bo Lagergren said.

The Swedish DOD couldn't 'cover' the check, but it's no-problemo for their welfare department! Talk about your screwed-up priorities.

46 posted on 10/23/2002 2:51:40 PM PDT by Tallguy
[ Post Reply | Private Reply | To 1 | View Replies]

To: Fresh Wind
Their term is "armed neutrality".

I believe they have an efficient reserve system like Switzlerland/Israel.
47 posted on 10/23/2002 3:16:42 PM PDT by Joseph_CutlerUSA
[ Post Reply | Private Reply | To 32 | View Replies]

To: MTCJK
So THAT'S where I put it. I've been looking all over for it
48 posted on 10/23/2002 3:18:39 PM PDT by 1_American
[ Post Reply | Private Reply | To 2 | View Replies]

To: mlmr
At 5% interest, 1M gives you 50K a year. So 10B would be 10,000 times that, or 500,000M a year.

Divide that by 500 days in a year (I'm lazy), and you've got 1,000M a day. At 25 hours in a day (I'm lazy), that's 40M an hour. That's more than $600,000 a minute, which is $10,000 every second.

49 posted on 10/23/2002 3:32:37 PM PDT by xm177e2
[ Post Reply | Private Reply | To 17 | View Replies]

To: Tancred
The funny thing is, the bill has a picture of Al Gore (with beard) on it--I am NOT making this up!

I thought he was on the three.

50 posted on 10/23/2002 3:44:12 PM PDT by Erasmus
[ Post Reply | Private Reply | To 29 | View Replies]


Navigation: use the links below to view more comments.
first 1-5051-62 next last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson