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-   -   Couple withdraws money, flees after bank error puts $6 million in their account (https://www.revscene.net/forums/576434-couple-withdraws-money-flees-after-bank-error-puts-%246-million-their-account.html)

underscore 05-21-2009 09:42 PM

Quote:

Originally Posted by nipples (Post 6432209)
^ LOL
6M at say 5% interest is only 25k a year LOL

Quote:

Originally Posted by sf666@BNR32 (Post 6431824)
6 mill is nothing... you can't live your life on that! :P

i'd at least need 16 million dollars, so that my money could perpetually MAKE money for me.

wtf is wrong with you guys? go live in Thailand and you're loaded for life. or invest it for better returns.

the best plan though, would be to withdraw as much as possible, stash it, and then call in identity theft. you'd have to pull off a lot very quickly and cleanly to make that buyable, but as long as the money is hidden well, they have no evidence to prove you took and kept the money.

Timpo 05-21-2009 09:52 PM

Swiss bank FTW

iEatClams 05-21-2009 11:11 PM

Quote:

Originally Posted by InvisibleSoul (Post 6432311)
There must be more to this. There is no way it can be that cut and dry. So anytime there is a price mistake, they have to abide by it? There's no possible way.

If going by those clauses to the very word, nowhere does it say they have to sell it to you at the lower price. It just says they can't sell it to you at the higher price. But that means they reserve the right to not sell it to you at all.

If that is the case, then after they have removed any incorrect signs showing the lower price, then they can sell it to you at the higher price, and they would not be in violation of section 54.

I dunno... that's how I see it.

you are right man.

an advertisement is only an invitation to treat. there is no consideration given.

stores do not have to legally sell it for you if there is an incorrect label. the store can just say, sorry, wrong label. my lawyer friend who makes $300 K just told me this.

When you think about it, it makes total sense, if an employee of the motorcycle dealership as $240 instead of $2400. the dealership is not legally forced to sell it to the customer for $240.

ive had this happen to me at a couple stores where there was a price error and i knew it was too good to be true and someone just messed up.

SkinnyPupp 05-22-2009 12:35 AM

People who think that "THE LAW" says a store has to sell at misprinted sales tag prices = morons

InvisibleSoul 05-22-2009 12:54 AM

Quote:

Originally Posted by InvisibleSoul (Post 6431875)
Many of the stores like Superstore, Wal-Mart, Zellers, Shopper's Drug Mart, etc. participate in the Scanning Code of Practice (SCOP), where if an item rings up at a higher price than what it says on the shelf or elsewhere, then they are obligated to give you the lowest stated price. SCOP is a voluntary program that stores can adhere to, but it is not the law.

Sorry, I don't know what the hell I was thinking when I wrote that. It's not correct.

I already posted what the correct version is in a subsequent post, but to reiterate, SCOP policy says that if an item rings in at a higher price than what is shown on any other displayed price, then you are entitled to the item for free if it's $10 or less, or for items more than $10, you get $10 off that item.

StylinRed 05-22-2009 02:06 AM

the article says they only withdrew some of the money not all of it



and it should be the banks fault and they should have to eat the mistake but noooo the banks run the world so now that couple is in the crapper :/

Psykopathik 05-22-2009 07:47 AM

Quote:

Originally Posted by sf666@BNR32 (Post 6431824)
6 mill is nothing... you can't live your life on that! :P

i'd at least need 16 million dollars, so that my money could perpetually MAKE money for me.

average joe earns $25k a year

live to 75, say ...work fo 60 years = $1.5M

then minus living expenses etc.

how can you say you cant live on 6M????

you cant even earn 6 M in 240 years nevermind living expenses.

you must live like a drug kingpin lol

Lomac 05-22-2009 07:56 AM

Quote:

Originally Posted by azndude69 (Post 6432464)
you are right man.

an advertisement is only an invitation to treat. there is no consideration given.

stores do not have to legally sell it for you if there is an incorrect label. the store can just say, sorry, wrong label. my lawyer friend who makes $300 K just told me this.

When you think about it, it makes total sense, if an employee of the motorcycle dealership as $240 instead of $2400. the dealership is not legally forced to sell it to the customer for $240.

ive had this happen to me at a couple stores where there was a price error and i knew it was too good to be true and someone just messed up.

Exactly. And think of it this way: Suppose you see a great deal on an LCD TV at Future Shop one week, but can't afford that price until after the sale is gone. So, what you do is steal the tag and keep it with you until you can afford it. Then you go back to Future Shop, put the tag on the shelf and try to buy the product at that price. Think they're then forced to sell it for that price? Nope.

achiam 05-22-2009 09:06 AM

Quote:

Originally Posted by nipples (Post 6432209)
^ LOL
6M at say 5% interest is only 25k a year LOL

$25,000/month

achiam 05-22-2009 09:07 AM

Quote:

Originally Posted by Turbo E (Post 6432795)
average joe earns $25k a year

live to 75, say ...work fo 60 years = $1.5M

then minus living expenses etc.

how can you say you cant live on 6M????

you cant even earn 6 M in 240 years nevermind living expenses.

you must live like a drug kingpin lol

$25K is NOT average Joe. I think that's quite far below average Joe.
$6M in assets should be sufficient to support any average family for a very comfortable lifestyle.

underscore 05-22-2009 09:08 AM

^ that would be sneaky.

I know some stores allow flyer prices to be used (on request of course) for 1 week after the sale ended.

hotjoint 05-22-2009 09:09 AM

Quote:

Originally Posted by Turbo E (Post 6432795)
average joe earns $25k a year

live to 75, say ...work fo 60 years = $1.5M

then minus living expenses etc.

how can you say you cant live on 6M????

you cant even earn 6 M in 240 years nevermind living expenses.

you must live like a drug kingpin lol

:werd:

underscore 05-22-2009 09:20 AM

I'd say $25k is just a bit below average joe. maybe 30-35k being average.


edit: a quick google showed that average Joe in NZ makes about 45-50k/year, average Jane makes 38-40k

InvisibleSoul 05-22-2009 09:50 AM

Quote:

Originally Posted by underscore (Post 6432873)
^ that would be sneaky.

I know some stores allow flyer prices to be used (on request of course) for 1 week after the sale ended.

Which stores would these be?

underscore 05-22-2009 10:01 AM

don't quote me, but possibly The Brick, Visions, FS. I can't remember exactly but it was a bigger box store. It's worth a shot at any store though.

Manic! 05-22-2009 10:25 AM

Quote:

Originally Posted by underscore (Post 6432885)
edit: a quick google showed that average Joe in NZ makes about 45-50k/year, average Jane makes 38-40k

I bet that's before taxes.

InvisibleSoul 05-22-2009 10:51 AM

Quote:

Originally Posted by underscore (Post 6432942)
don't quote me, but possibly The Brick, Visions, FS. I can't remember exactly but it was a bigger box store. It's worth a shot at any store though.

Don't know about The Brick or Visions, but I'm quite sure that FutureShop will NOT give you a sale price from their past flyer. I don't remember the exact situation, but I was told this by the cashier once.

Manic! 05-22-2009 11:08 AM

Quote:

Originally Posted by InvisibleSoul (Post 6433009)
Don't know about The Brick or Visions, but I'm quite sure that FutureShop will NOT give you a sale price from their past flyer. I don't remember the exact situation, but I was told this by the cashier once.

Went to FS to buy a memory card and 3 times it was out of stock. The day after the sale it was magically in stock but they would not sell it to at the sale price.

underscore 05-22-2009 11:37 AM

Quote:

Originally Posted by Manic! (Post 6432969)
I bet that's before taxes.

most likely, but if they can avoid getting caught they aren't gonna be paying taxes on whatever portion of that 6mil they got.

zulutango 05-22-2009 11:45 AM

Rotorua is hardly a "northern" city...Auckland or Whangarei are...Rotorua is near to lake Taupo in the middle of the North Island...but I can understand wanting to get away from the boiling mud pools, geysers and stink of sulfer gas. Whakarewarewa and Tikiteri ( "Hell's Gate") are just outside of the town. Running a "petrol" station in Rotorua could be construed as grounds for an insanity plea?

Chairman Kaga 05-22-2009 12:12 PM

Its bullshit how a bank can make a mistake that ends up costing US money and they'll make you jump through a million different loops before they give you back the money.

The second they make a mistake then they're automatically covered.

Fuck them.

penner2k 05-22-2009 04:02 PM

The whole Swiss bank account thing doesn't really work all that well anymore.

underscore 05-22-2009 04:56 PM

^ use the Lichtenstein-ians then

Nightwalker 05-22-2009 05:50 PM

Quote:

Originally Posted by underscore (Post 6432325)
wtf is wrong with you guys? go live in Thailand and you're loaded for life. or invest it for better returns.

the best plan though, would be to withdraw as much as possible, stash it, and then call in identity theft. you'd have to pull off a lot very quickly and cleanly to make that buyable, but as long as the money is hidden well, they have no evidence to prove you took and kept the money.

Well, no evidence other than all the security cameras recording you withdrawing the money.

nipples 05-22-2009 08:06 PM

Quote:

Originally Posted by Manic! (Post 6432316)
You need to recheck your math.

sorry i meant month lol


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