Reggie Theus, Texas Man, Becomes 'World's First Trillionaire' Thanks To Bank Error | HuffPost - Action News
Home WebMail Monday, November 4, 2024, 08:52 PM | Calgary | 6.3°C | Regions Advertise Login | Our platform is in maintenance mode. Some URLs may not be available. |
Posted: 2013-10-04T16:05:55Z | Updated: 2017-12-07T03:11:55Z Reggie Theus, Texas Man, Becomes 'World's First Trillionaire' Thanks To Bank Error | HuffPost

Reggie Theus, Texas Man, Becomes 'World's First Trillionaire' Thanks To Bank Error

Man Becomes 'World's First Trillionaire'?
|

What would you do with a trillion bucks? That's the question Texas resident Reggie Theus faced on Wednesday when he checked his bank account and found that his balance was well over $4 trillion.

Unfortunately, the balance, which would have made Theus the world's first trillionaire, was a mistake, according to local news station KLTV.

"I was definitely surprised when I looked in my account and saw that much money in there," Theus told KLTV.

Though Theus won't get to keep the cash, he told KLTV that he would have used it to help pay off the national debt .

Oddly enough, Molly Layes, of Fort Smith, Ariz., noticed a similar mistake on her BankCorp South statement earlier this week, according to 5 News Online.

BankCorp South communications executive Randy Burchfield confirmed to The Huffington Post that its online banking system had been experiencing some technical glitches.

"BancorpSouth online banking customers' deposit account balances reflected overstated balance totals for a short period of time Wednesday morning before being corrected," Burchfield wrote in an email.

Banking errors like these are not unheard of. Daily Finance points out that an Indian man, Parijat Saha, discovered $9.8 billion in his bank account, which was the result of a glitch.

Your Support Has Never Been More Critical

Other news outlets have retreated behind paywalls. At HuffPost, we believe journalism should be free for everyone.

Would you help us provide essential information to our readers during this critical time? We can't do it without you.

Support HuffPost