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This is on Yahoo's website home page right now.
TODAY - July 02, 2011
ATM receipt found with staggering sum
A mystery grows after someone leaves behind a receipt showing $99,864,731 in a personal account. See it now
1. ATM receipt with incredible sum
A $100 Million ATM Receipt
by Mike Krumboltz
Thursday, June 30, 2011
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Dealbreaker.com
Scrooge McDuck lives. An ATM receipt showing a balance of nearly $100 million dollars was discovered at an East Hampton Village bank.
A customer found the receipt hanging out of the ATM's slot. The customer who found the receipt showed it to financial blog Dealbreaker.com. The receipt, dated June 18, doesn't list the account holder's name but does indicate that the person has $99,864,731.94 in a personal savings account (that's after a $400 withdrawal and a $2.75 service charge). The East Hamptons is a well known playground for the very wealthy.
Is the receipt a mistake of some kind? Perhaps. Anyone with that amount of cash would know that keeping $100 million in a savings account isn't the wisest investment move. Savings accounts earn paltry interest rates and are only guaranteed by the federal government for amounts up to $250,000.
A buzzy article from The New York Post speculates that the holder of the account may be billionaire mogul David Tepper (Forbes lists him as the 208th richest person in the world). When contacted by The New York Post, Tepper denied ownership of the receipt and pointed out that he "would never do something as irresponsible as leaving $100 million in a savings account."
Maybe it really was Scrooge McDuck?
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Dominicanus 2 minutes ago Report Abuse
When that client pulls the money that branch is going out of business
ATM receipt found with staggering sum
A mystery grows after someone leaves behind a receipt showing $99,864,731 in a personal account. See it now
1. ATM receipt with incredible sum
A $100 Million ATM Receipt
by Mike Krumboltz
Thursday, June 30, 2011
•
• tweet542
Dealbreaker.com
Scrooge McDuck lives. An ATM receipt showing a balance of nearly $100 million dollars was discovered at an East Hampton Village bank.
A customer found the receipt hanging out of the ATM's slot. The customer who found the receipt showed it to financial blog Dealbreaker.com. The receipt, dated June 18, doesn't list the account holder's name but does indicate that the person has $99,864,731.94 in a personal savings account (that's after a $400 withdrawal and a $2.75 service charge). The East Hamptons is a well known playground for the very wealthy.
Is the receipt a mistake of some kind? Perhaps. Anyone with that amount of cash would know that keeping $100 million in a savings account isn't the wisest investment move. Savings accounts earn paltry interest rates and are only guaranteed by the federal government for amounts up to $250,000.
A buzzy article from The New York Post speculates that the holder of the account may be billionaire mogul David Tepper (Forbes lists him as the 208th richest person in the world). When contacted by The New York Post, Tepper denied ownership of the receipt and pointed out that he "would never do something as irresponsible as leaving $100 million in a savings account."
Maybe it really was Scrooge McDuck?
Follow Yahoo! Finance on Twitter; become a fan on Facebook.
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Dominicanus 2 minutes ago Report Abuse
When that client pulls the money that branch is going out of business
mitkire- Elite Member
- Posts : 446
Join date : 2011-06-23
Re: This is on Yahoo's website home page right now.
Hmmmmmmmmmm.........
This is relevant... how???
:shock:
This is relevant... how???
:shock:
az-tex- VIP Member
- Posts : 883
Join date : 2011-06-18
not relevant
Not relevant because the transaction date shows 6/18/11.
bangbang- New Member
- Posts : 7
Join date : 2011-07-01
Re: This is on Yahoo's website home page right now.
Thanks mitkire for bringing. . . there have been alot of articles lately that make ya go hmmmmm . . .
Re: This is on Yahoo's website home page right now.
Makes a lot of sense tier one was nations tier 2 is government employess and large investors. 6-18 is about the time for tier 2
PrudenceArt- Elite Member
- Posts : 204
Join date : 2011-06-19
Extra News Article
Saw a news article about this and it mentioned that there is a program being to make fake ATM receipts so that you could impress people with your wealth.
GreyWolfe- Active Member
- Posts : 81
Join date : 2011-06-18
Location : Marion, Ohio
Re: This is on Yahoo's website home page right now.
I too have seen the news reports (CNBC) and on the web. The cnbc guy said it could be some Billionair, as some have places in the area. if that is true, that would mean thie guy or gal would have about 10% of his or hers net worth in liquid assets, about right, but a money loser with low rates, taxes and inflation. But hey, if ya got billions, what 100 mil, walk around money.
Now is better
North of sixty
Now is better
North of sixty
1alaskan- Elite Member
- Posts : 4668
Join date : 2011-06-21
Age : 41
Location : Planet far far away
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