Friday, July 24, 2009

Prepaid card overcharged

Lydia Alcock, a teen who has been using a prepaid card to manage her money, was hit with a staggering fee of $23,148,855,308,184,500, after buying a train ticket from Grand Central. Alcock along with 12,000 people saw this bank error on their statements last month. Visa was responsible for the overcharge, and has since voided all fees that came with the charge that is 2,000 times what the US government owes. Read the full article here.

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