8.2 million dollar error Stimulus payment

[bremer51]

That would be a shocker for anyone. 

[elvisdo]

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.

[calendria]

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!

[fillfran82]

 

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 account. 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.

[tantricia44]

OMG! I'm only asking 10% of your cut. It would be nice!

[cateyes1]

This is the first i'm hearing of that. I would be very cautious about spending any of it though !!

[countrygirl12]

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.

[calendria]

 

 

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 ...

[metsrock69]

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. 

[mrisha]

The only and best thing is contact someone to return the money.  It's not yours, it belong to the Government. 

[claudegrizzle]

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!

[mrsmere]

Be honest and notify someone of the error because they will catch it later anyway.

[minioncookies]

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.