Commerce Bank Gave 2 Million Dollars to a Wrong Client
New York authorities accuse Benjamin Lowell, 48-year old salesman, that
in December, 2007, he illegally withdrew 2 million dollars from a bank
account in Commerce Bank, by taking advantage of a mistake of the bank
According to the investigation materials, employees of Commerce Bank mistook Benjamin Lowell for another person with the same name, employee of a property management company. Lowell asserts that he tried to explain to the bank employees, that he had no bank account for 5 million dollars, but the employees assured him, that the money belonged to him.
Interesting, that Lowell lost most of the money received in the bank in unsuccessful investments and spent the rest of it.