Man Arrested for Money Grab
Photo: ©sxc.hu/mokra A New York man is facing 25 years in jail for grand larceny after Commerce Bank accidentally told him he had over $5 million in his account. When Benjamin Lovell, who really only had an $800 balance, protested to a teller about his account, he claims he was told that the money was his—when in fact, the money actually belonged to a businessman that shared the same name. Lovell, thinking he had millions from heaven, withdrew $2 million and used it for gifts and bad investments. Lovell is being held on $3 million bail.
(Source: Man charged with $2m grand larceny blames bank. Retrieved February 21, 2008 from Bobsguide.)
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