Man ordered to repay $201,000 “inheritance” to the bank
A grandfather has been left shocked by his bank, after they have ordered him to repay $201,000.
Russell Alexander, 54, contacted Barclay’s Bank after huge sums of money were deposited into his account.
Confused by the large sum, he reached out to Barclay’s and got no reply.
Eventually, representatives from the bank told Russell that the money was part of an inheritance and to keep it, he told The Sun.
He used the money to renovate a fixer-upper house he purchased after his divorce, and could now make more expensive changes to his renovation project.
However, nine months after the money first hit Russell’s account, Barclay’s realised they had made a mistake and took all the money back, including an extra $11,000 of Russell’s own money.
Due to the brash withdrawal of funds, Russell has been left living in a semi-derelict home with no heating, and no money to improve his situation.
Barclay’s admitted that the money was transferred to Russell by accident, and he was “incorrectly advised that he could keep the funds”.
Russell said, “I’m totally outraged at their offer of £500 ($A1000) compensation.
“I’ve been a loyal customer for 40 years and they clearly told me twice the money was mine to spend.”
“I planned to renovate the house to rent out rooms on Airbnb, but I’ll need to work now to earn the money and it will take years.”
“I never would have bought it if I didn’t have the extra money.”
“Barclays have stolen my future plans and left me living like a stowaway.”
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