AP reported A man was charged with withdrawing $2 million from an account after a bank confused him with a man who has the same name.
Did they not ask him for some ID or check his signature, or anything?Benjamin Lovell was arraigned Tuesday on grand larceny charges. The 48-year-old salesman said he tried to tell officials at Commerce Bank in December that he did not have a $5 million account. He says he was told it was his and he could withdraw the money.
And he believed them?Prosecutors said the bank—which advertises itself as America's Most Convenient Bank
Need money? No problem. We will find someone with the same name, and let you have some of theirs.—confused Lovell with a Benjamin Lovell who works for a property management company. The lesser-funded Lovell gave away some of the withdrawn money and blew some of it on gifts, but lost much of it on bad investments, prosecutors said.
Hey, it wasn't his money.The district attorney's office did not immediately have information on his lawyer. Calls left with Commerce Bank on Wednesday were not immediately returned.
They were too busy giving away other people's money.Dave In Texas blogged The bank convinced him over his objections that it was his.Normally for me, it's kinda the other way around with my bank. I try to convince them I have money and they object.