Advertisement
YOU ARE HERE: LAT HomeCollectionsStatement

OFF THE TICKER

Fleeting Wealth Cost Him 7 Cents

April 01, 1993|Reuters

LONDON — A bank has admitted it made a British businessman a millionaire for a day--and charged him the equivalent of 7 cents for the blunder.

Robert Coleman, 45, an office manager from Rochester, England, found he had been credited with $1.53 million on March 8 on the receipt of his National Westminster Bank statement.

It also showed the bank reclaimed the cash the day after, with the extra debit.

Coleman's account was left just $83 in the black.

"The extra five pence was transferred in error and will be rectified," the bank said.

Advertisement
Los Angeles Times Articles
|
|
|