Canada Post - Huge losses

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Gaoler said:
That's what I suggested, but he's pretty sure its a mistake.

Years ago(1993?) I had a co worker who had almost $280k auto deposited on payday...
Back then an average payday was about $1700 take home.
Funny thing was he didn't realize until a few days after when admin/HR called him in to "confront" him... lol.
They wanted that money back soooo bad and quick they gave him whatever time off he needed and then some to sort it out.

He returned the excess money and thought it was all over and dealt with until...
Two or three months later it happened AGAIN to the tune of about $79k.

This time he went up front to raise heck...
'Made them wait a couple of weeks this time to get the excess back...

Never figured out how or why such a huge error had occurred...
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Wasn't that their Pheonix payroll screw up? A friend had the same thing happen to them, overpaid and had to give back money they had spent.

Sadly we can't blame Justin for this one but he'd like the numbers.

Phoenix pay system - Wikipedia

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Evoex said:
I dunno..$28.84/hr isn't far off that after tax deductions. That's 60,000yr, above average.
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Im speaking in terms of the guys specific occupation. Not the average working wage.
Regardless... I recall the guy saying his bank manager said there would have been nothing to stop him from closing and cashing out his account.
As far as they were concerned the money was his....
$280k in 1993... That was a lot of cake.
My house was only $204k all in in 1995!
 
His bank manager was wrong . He would be liable for the money and have to repay , if he was really a wank about it he would incur penalties and court costs .


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crankcall said:
His bank manager was wrong . He would be liable for the money and have to repay , if he was really a wank about it he would incur penalties and court costs .


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Click to expand...


Well of course he would have to give the money back, but... That's an issue between him and payroll. Had he walked into the bank and closed his account the bank would have handed him "his" money.
Sure, having "ought to have known" the deposit was an error he'd be committing fraud of a certain colour, but... as far as the bank was concerned....The ontario govt deposited money into your account.
$5 or $280000.... no diff, no care.
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