Forger Turns $20 Check Into $20 Million…And It Cleared!
We’ve all recieved a rebate check, or some other check and wished we could add a few more zeros to it. But we don’t, because it’s illegal and most banks probably wouldn’t fall for it. But one bank DID!
The National Bank of Australia issued at $20 rebate check to Grahame Bell. Bell decided he wanted a bit more that $20, so he added a few zeros…$20 million worth of zeros! Did the bank catch it? Amazingly, no. The $20 million check actually CLEARED. However, bank employees eventually questioned the transaction, and the money was returned. Mr. Bell was sentenced on fraud charges this week.