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Discussion Boards => Off-Topic => Topic started by: calendria on April 14, 2020, 09:24:22 am

Title: 8.2 million dollar error Stimulus payment
Post by: calendria on April 14, 2020, 09:24:22 am
 :cat:


 ??? ??? ??? ???

Charles Calvin waiting on coronavirus stimulus check sees ...

https://inticweb.com/2020/04/14/charles-calvin-stimulus

57 minutes ago · Charles Calvin waiting on coronavirus stimulus check sees $8 million in bank a
ccount. An Indiana firefighter was shocked when he saw his bank balance after receiving his federal stimulus money during the coronavirus outbreak. If you saw what he did, you’d be shocked, too. The man accidentally received more than $8 million in his bank account.
Title: Re: 8.2 million dollar error Stimulus payment
Post by: alice44 on April 14, 2020, 09:30:01 am
WOW - I wonder what most people would do.  I would contact the IRS to return the money. ::)
Title: Re: 8.2 million dollar error Stimulus payment
Post by: tjshorty on April 14, 2020, 09:36:55 am
That's great.  I am sure some one other than he will catch that error.  So I would not spend it.
Title: Re: 8.2 million dollar error Stimulus payment
Post by: ajamimajida on April 14, 2020, 09:38:45 am
He is welcome to transfer some into my account any time LOL.  I am still waiting for my check but I am sure this will help in the mean time LOL.
Title: Re: 8.2 million dollar error Stimulus payment
Post by: dsosnowski06 on April 14, 2020, 10:01:03 am
I saw this too on Facebook and when he called the bank they told him that balance in his account was 8.2 million and had no idea why the receipt read this but did tell him the stimulus payment was deposited
Title: Re: 8.2 million dollar error Stimulus payment
Post by: Nancy5 on April 14, 2020, 10:07:33 am
Nice surprise, but don’t spend it.  We all know they will see the mistake and you will have to pay it back.
Title: Re: 8.2 million dollar error Stimulus payment
Post by: heypeg on April 14, 2020, 10:13:01 am
can you imagine opening your bank account and finding that much money.
Title: Re: 8.2 million dollar error Stimulus payment
Post by: nannycoe1 on April 14, 2020, 10:20:58 am
I would call my bank as soon as possiable
Title: Re: 8.2 million dollar error Stimulus payment
Post by: countrygirl12 on April 14, 2020, 10:33:18 am
They would likely catch it sooner or later. I really don't know what I would do.  I might just let it ride a few days and see what happened. lol

Not really sure I think he would have done wrong if he had spent the money. HE did not do anything wrong. Things like this have happened before where a lot of money got deposited in to the wrong account.
Title: Re: 8.2 million dollar error Stimulus payment
Post by: debidoo on April 14, 2020, 12:53:39 pm
Oh my goodness !  No wonder I haven't gotten mine yet.  Seriously my son got his but it doesn't fully post until tomorrow.  I am checking on mine every couple of days.  Gosh I hope all of this ends soon.
Title: Re: 8.2 million dollar error Stimulus payment
Post by: Kimdud22 on April 14, 2020, 01:38:38 pm
I seen that! I cant even.
Title: Re: 8.2 million dollar error Stimulus payment
Post by: timvolley on April 14, 2020, 08:39:39 pm
I hadnt heard that before I wondering when they realized the problem or how they will get it from him
Title: Re: 8.2 million dollar error Stimulus payment
Post by: countrygirl12 on April 15, 2020, 04:23:45 am
I hadnt heard that before I wondering when they realized the problem or how they will get it from him

Easy. They reverse the payment.
Title: Re: 8.2 million dollar error Stimulus payment
Post by: nannycoe1 on April 15, 2020, 05:36:44 am
I am hoping I get one but I doubt it.
Title: Re: 8.2 million dollar error Stimulus payment
Post by: ktheodos on April 15, 2020, 06:06:01 am
I am hoping I get one but I doubt it.

They did reverse it....funny story nonetheless
Title: Re: 8.2 million dollar error Stimulus payment
Post by: bremer51 on April 15, 2020, 08:18:14 am
That would be a shocker for anyone. 
Title: Re: 8.2 million dollar error Stimulus payment
Post by: elvisdo on April 15, 2020, 09:05:55 am
I don't think it was actually in his bank account, rather it was a problem with the ATM machine printing the receipt. The bank showed there was no record of the transaction taking place at all.
Title: Re: 8.2 million dollar error Stimulus payment
Post by: calendria on April 16, 2020, 08:24:31 am
I don't think it was actually in his bank account, rather it was a problem with the ATM machine printing the receipt. The bank showed there was no record of the transaction taking place at all.

Government error, result?  Never happened!
Title: Re: 8.2 million dollar error Stimulus payment
Post by: fillfran82 on April 30, 2020, 10:24:06 pm
:cat:


 ??? ??? ??? ???

Charles Calvin waiting on coronavirus stimulus check sees ...

https://inticweb.com/2020/04/14/charles-calvin-stimulus

57 minutes ago · Charles Calvin waiting on coronavirus stimulus check sees $8 million in bank a
ccount. An Indiana firefighter was shocked when he saw his bank balance after receiving his federal stimulus money during the coronavirus outbreak. If you saw what he did, you’d be shocked, too. The man accidentally received more than $8 million in his bank account.

Hiya!

Wow I can only imagine ya. Though if it was to happen to me I would've done the same thing and alert them. It's good to know there are good honest people still around.
Title: Re: 8.2 million dollar error Stimulus payment
Post by: tantricia44 on April 30, 2020, 11:36:38 pm
OMG! I'm only asking 10% of your cut. It would be nice!
Title: Re: 8.2 million dollar error Stimulus payment
Post by: cateyes1 on May 01, 2020, 02:34:11 am
This is the first i'm hearing of that. I would be very cautious about spending any of it though !!
Title: Re: 8.2 million dollar error Stimulus payment
Post by: countrygirl12 on May 01, 2020, 04:17:15 am
This is the first i'm hearing of that. I would be very cautious about spending any of it though !!

lol  How did you miss that?  It has happened a lot.  Just not to that extent but putting money in the wrong account. Or paying people who have died. Like a spouse still gets the $2400 even though the other died.  They were saying yesterday "WE WILL GET THE MONEY BACK" so don't try to keep it.  Alert us.  lol.  Yeah, I am not sure I would.
Title: Re: 8.2 million dollar error Stimulus payment
Post by: calendria on May 01, 2020, 07:27:16 am
 :cat:

 :glasses-nerdy:

They're Bad!!    Big Business, Big money Big Bad

 850 Million Dollars
in small business relief went where??

And then:

A new study from Morgan Stanley (as reported by CNBC) finds that at least 75 public companies pocketed $243 million from the program. That occurred because of a loophole that let some businesses treat separate locations of the same chain as individual businesses. A separate report from the Associated Press found 75 publicly traded companies received $365 million in small-business loans.

https://fortune.com/2020/04/22/small-business-loans-ppp-public-companies-coronavirus-stimulus-cares-act-sba/


Here are the public companies that got coronavirus aid meant for small businesses 

"The intent of this money was not for big public companies that have access to capital," Treasury Secretary Steven Mnuchin says


https://www.marketwatch.com/story/here-are-the-public-companies-that-got-coronavirus-aid-meant-for-small-businesses-2020-04-22


Treasury gives public companies 2 weeks to give back PPP ...

"Publicly traded companies have 2 weeks to give back loans intended for small businesses or face 'severe consequences,' "Treasury Department says

https://www.businessinsider.com/treasury-department-public-companies-give-back-small-business-loans-report-2020-4

The Treasury Department is asking publicly traded companies who received loans from a fund intended to help small business recover from the pandemic to return the money by May 7 or face ...

Title: Re: 8.2 million dollar error Stimulus payment
Post by: metsrock69 on May 01, 2020, 03:12:24 pm
He is a fighfighter, they should have let him keep half of it for being honest and his line of work that he is in.  ;)
Title: Re: 8.2 million dollar error Stimulus payment
Post by: mrisha on May 01, 2020, 05:28:42 pm
The only and best thing is contact someone to return the money.  It's not yours, it belong to the Government. 
Title: Re: 8.2 million dollar error Stimulus payment
Post by: claudegrizzle on May 01, 2020, 10:21:41 pm
Wow! Nice, but you know they will take that back as quickly as possible. I know I would not dare spend it for sure. But just imagine opening your bank account and seeing that! Oh Boy!
Title: Re: 8.2 million dollar error Stimulus payment
Post by: mrsmere on May 02, 2020, 07:38:51 am
Be honest and notify someone of the error because they will catch it later anyway.
Title: Re: 8.2 million dollar error Stimulus payment
Post by: minioncookies on May 02, 2020, 09:41:48 am
Either IRS is being over worked or some of there workers are just careless . To make that kind of error is big but if he spent any of it im sure they make him pay it back because honestly nothing legally could of been done to him because they did make the error. Normally in cases like this its just reversed. Heaven knows how many times its happen without the person it happen to even knowing about it.