CBSRMT Episode Information Next Episode

Title

The Nine Hundred and Ninety Nine Thousand Dollar Error

Plot

A bank president discovers that a glitch in their system erroneously transferred the sum of $999,000 into the account of a corrupt Manila lawyer. In order to retrieve the amount, he must call in a favor to get the greatest attorney in the world to represent his case.

Episode

1030

Air Dates

  • First Run - November 14, 1979
  • Repeat - March 6, 1980

Actors

Writer

Listen

Rating

76
59     17


4 Responses to Episode 1030

The amount transferred is one million. It was supposed to be one thousand, hence the 999000 error.

Ross Presser

Interesting, E.G. Marshall seemed to indicate that this story was written because of a real bank error. A $1000 transfer being transferred as $1 Million instead. He indicated that it had happened 2 years earlier (which would have been 1977). So I did a google search on this, and sure enough - Mellon Bank of Pittsburgh had done this transfer to the Phillipines to "Melchor J. Javier Jr. and his wife, Victoria" on 1-Aug-1977. I don't know if i am allowed to do a link here, there is a NYT article on it.

jim shane

Just listened to the $999,000 bank error episode, original date 11/14/79. The bank makes a computer mistake and instead of sending $1,000 check, they send a million dollar check (3 zeros) A very good episode and it was based on a real story but EG Marshall said at the time, they didn't know how it was going to turn out. Well, a google shows that persons getting that million dollar check in real life and cashing it got 20 years in prison for it. Don't know how common it was for CBSMT to take a story out of the news and make it into a story (with a fictional, completely different ending) But like I said, if you listen to the episode, it leaves you wanting to know how the real story turned out (6 years after the episode aired).

Pat

This is American banking law. Other countries do not protect bank errors the same way. If a bank deposits any amount to your account, by mistake or not, you don’t have to return it.

Manny


Leave a comment