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To: dwayanu who wrote (56653)12/24/1999 9:22:00 PM
From: dwayanu  Respond to of 152472
 
Well, if nothing else good comes of it, at least when people get back from the holidays and scan this group's message titles, they won't need any coffee to wake up! :-) :-)

- Dway



To: dwayanu who wrote (56653)12/25/1999 1:43:00 AM
From: Jon Koplik  Respond to of 152472
 
To all - something better than getting QCOM's 4 for 1 split twice.

December 24, 1999

Bank Accidentally Gives Woman $700K

Filed at 5:59 p.m. EST

By The Associated Press

NEW YORK (AP) -- A woman mistakenly received $700,000 that was meant
for a United Nations environmental fund, quit her job and spent much of the
money before the bank noticed the error and froze the account.

Susan Madakor, 40, a single mother who lives in public housing, is fighting
to get the money back. She went to court this week to ask a judge to grant
her the money instead of the United Nations.

Her lawyer says Ms. Madakor believed the money was a jackpot from a
lottery she played.

The windfall showed up in her account as 13 wire transfers from countries
including Italy, France, Belgium, Finland, Turkey and Uruguay between
February and October 1998. Chase Manhattan Bank said the foreign
governments used an account number with one incorrect digit.

Ms. Madakor left her $23,000-a-year job at a Manhattan textile company and
bought a laundry business for $100,000, set up a college savings fund for her
10-year-old son, paid off $30,000 in credit card debt, furnished a new
apartment and leased a van. She was negotiating to buy a liquor store when
Chase discovered the mistake.

Her lawyer, Michael Siegal, said the foreign governments are out of luck
because they failed to correct their mistake within 90 days of each transfer.


Copyright 1999 The New York Times Company