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Overnight Millionaire Emerges from Bank Error

Overnight Millionaire Emerges from Bank Error

Nationwide, a British bank with assets exceeding $333 billion, inadvertently transformed one of its customers into an overnight multimillionaire when an unexpected windfall of approximately $10.9 million mysteriously appeared in his account.

The beneficiary of this unexpected wealth is Dane Gillespie, a resident of Belfast, Ireland. Mr. Gillespie had initially deposited a birthday check valued at around $10,900 into his Nationwide account.

To his astonishment, he witnessed an astronomical sum of money flooding into his account due to an apparent glitch that tacked on three additional zeroes.

Dane’s mother said, “I mentioned to him this morning that the check should be deposited into his savings account. He responded with a simple ‘alright.’ The next moment, my husband sent me a snapshot of Dane’s bank account details, and it took me a moment to fully grasp the situation.

Dane was already joking about ordering a Porsche, to which I replied, ‘Don’t be silly; that’s not our money. We need to address this.'”

Despite Dane’s initial inclination to spend the unexpected windfall, the family decided to exercise caution and waited. Fortunately, the bank rectified the situation, restoring Dane’s account balance to its original state within a matter of hours.


READ MORE: Central American Country to Leverage Bitcoin for Elections


In a separate incident in Ireland the previous month, a distinctive “free money” glitch surfaced. A software bug within the Bank of Ireland, a billion-dollar institution, gained notoriety on the social media platform X for allowing customers to withdraw funds they were not entitled to.

This bug enabled individuals to transfer approximately $1,000, even in cases where their accounts lacked sufficient funds, to digital banking apps like Revolut.

Author
Alexander Stefanov

Reporter at CoinsPress

Alex is an experienced finance journalist and a cryptocurrency and blockchain enthusiast. With over five years of experience covering the industry, he deeply understands the complex and constantly evolving world of digital assets. His insightful and thought-provoking articles provide readers with a clear picture of the latest developments and trends in the market. His passionate approach allows him to break down complex ideas into accessible and insightful content. Follow up on his content to be up to date with the most important trends and topics - stay ahead of the curve with CoinsPress.

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