Jump to content

Man sues BofA for "1,784 billion, trillion dollars"


Justin Bimmer

Recommended Posts

Story Link

Man sues BofA for "1,784 billion, trillion dollars"

By Joe Rauch Joe Rauch – Fri Sep 25, 1:21 pm ET

NEW YORK (Reuters) – Dalton Chiscolm is unhappy about Bank of America's customer service -- really, really unhappy.

Chiscolm in August sued the largest U.S. bank and its board, demanding that "1,784 billion, trillion dollars" be deposited into his account the next day. He also demanded an additional $200,164,000, court papers show.

Attempts to reach Chiscolm were unsuccessful. A Bank of America spokesman declined to comment.

"Incomprehensible," U.S. District Judge Denny Chin said in a brief order released Thursday in Manhattan federal court.

"He seems to be complaining that he placed a series of calls to the bank in New York and received inconsistent information from a 'Spanish womn,'" the judge wrote. "He apparently alleges that checks have been rejected because of incomplete routing numbers."

Chin has experience with big numbers. He's the judge who sentenced Bernard Madoff to a 150-year prison sentence for what the government called a $65 billion Ponzi scheme.

Bank of America Corp faces real legal problems, including New York Attorney General Andrew Cuomo's threat to sue its chief executive and a judge's embarrassing rejection of a settlement with the U.S. Securities and Exchange Commission.

Yet the money Chiscolm wants could dwarf all the bank's other problems.

It's larger than a sextillion dollars, or a 1 followed by 21 zeros. Chiscolm's request is equivalent 1 followed by 22 digits.

The sum also dwarfs the world's 2008 gross domestic product of $60 trillion, as estimated by the World Bank.

"These are the kind of numbers you deal with only on a cosmic scale," said Sylvain Cappell, New York University's Silver Professor at the Courant Institute for Mathematical Sciences. "If he thinks Bank of America has branches on every planet in the cosmos, then it might start to make some sense."

Judge Chin gave Chiscolm until October 23 to better explain the basis for his claims, or else see his complaint dismissed.

(Reporting by Joe Rauch; Editing by Lisa Von Ahn)

Link to comment
Share on other sites

Terrible Article. The author of that article tries to suggest that this exstorstionist lawsuit actually has merit by mentioning BofA's other legal matters. What I also can't believe about this article is that an editor actually put her name on the article. The Article is just a series of fragments and lacks any clarity.

Link to comment
Share on other sites

  • 2 weeks later...

Join the conversation

You are posting as a guest. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.



About us

CheersandGears.com - Founded 2001

We  Cars

Get in touch

Follow us

Recent tweets

facebook

×
×
  • Create New...