I checked my account statement today, and found that the settlement price for one of my products was priced incorrectly. As a result, my statement is currently showing a balance of slightly over $50 million. Question is, what should I do?
I once had one of those in the early days of paper futures statements sent the next day to you. Think I've still got it framed somewhere! I didn't say a thing - I thought I would give it at least a week before escaping the country with the loot In any case they reversed the error in the following day's statement. Nice while it lasted.
You obviously need to buy futures! Get a little wheat, a little corn, some cattle and maybe a few stocks. Oh yeah, might as well buy a lifetime supply of oil futures too. And, send a nice 'thank you' note to your broker. You probably should try to corner a market like silver or something too.
Wire the money to me. I will "launder" it, and return it to you in smaller increments that cannot be traced. Minus my 5% fee, of course.
I had an error back in 2000 when I asked for a $11,000 wire to be sent to my bank account. They sent it twice and didn't notice it for almost 4 mos. However, their Reconcilation Dept finally caught on and I paid it back without a fuss. I vote, keep it there and earn the interest. Of course, if you're willing to pack up all your stuff and move to a non-extradition country and willing to run from the IRS for the rest of your life (since I doubt you'll want to pay income tax on your winfall gain), then go for it.