ATM glitch gives homeless man $37k

A malfunctioning ATM erroneously spat out $37,000 for a homeless man who was picked up by police before he could make off with his haul.

  6 1 comment

ATM glitch gives homeless man $37k

Editorial

This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community.

The man was sleeping by the ATM in a TD Bank branch in South Portland, Maine in the early hours of Thursday morning when police moved him on, reports WGME-TV.

However, he returned to the scene and at around 05:30 a woman waiting to use the machine called police to report that he was spending a long time at it.

South Portland police say that the man withdrew $140 from his account but then used the "cash advance" feature to ask for another $700. He did this 53 times, with the ATM obliging every request.

Police arrived to find him stuffing the cash into a shopping bag. The money was returned to the bank, which chose not to press charges and blamed the incident on a "code error".

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Comments: (1)

A Finextra member 

Oh the bank should have at the very least given him a 10% commission for troubleshooting their network, it wouldn’t be any more that they would have paid their software company for fixing the problem.

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