Elderly man attempted to deposit 150.000$ in the bank: Lost it all on the way home

Written by Jakob A. Overgaard

Oct.08 - 2023 12:06 PM CET

Photo: Shutterstock
Photo: Shutterstock

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On a winter day a few years ago, an elderly gentleman was en route to the bank carrying a backpack filled with over a million danish kroner (about 150.000$). The man was about to experience something that very few people can relate to: not only being turned away by the bank but also losing his entire fortune on his way back home.

As reported by Pensionist.dk the peculiar tale begins when the man attempted to deposit the money at a Danske Bank branch. This marked the onset of his troubles.

Firstly, the bank had a policy against accepting 500-euro notes, of which the man had many. His backpack contained 100,000 euros and 370,000 Danish kroner.

The bank staff was also dissatisfied with the man's explanation for possessing such a large amount of cash in different currencies. Additionally, the man did not have a driver's license or passport with him. Consequently, he had to leave the bank, undoubtedly disheartened, with his fortune still in his backpack.

Upon his exit, the elderly man was approached by an individual pretending to be a police officer. This imposter claimed to be arresting him on suspicion of money laundering. However, this was far from the truth. Shortly after, the faux officer made away with the backpack and all the money it contained.

The perpetrator was never found, and neither was the money. Feeling aggrieved, the elderly man decided to take the matter to the Financial Appeals Board (Det Finansielle Ankenævn). He believed that the bank's refusal to accept his deposit ultimately led to the loss of his funds.

However, the Appeals Board concluded that the bank was within its rights to refuse the man's deposit. As a result, the elderly gentleman had to bid farewell to his fortune once and for all.

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