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Former Goldman Sachs trader gives back the $89MILLION accidentally given to him by E-Trade

An honest banker at last! Former Goldman Sachs trader gives back the $89MILLION accidentally given to him by E-Trade

  • Daniel Levene, a Manhattan-based trader, received the unexpected payment 
  • He said his E-Trade account had been topped up by approximately $89million
  • But instead of running off with the money he decided to call E-Trade about it
  • They apologized for the error and said they would be redirecting the payment 

A venture capitalist received an incredible shock when he opened his online trading account to find $89million.

But Daniel Levene, a Manhattan-based trader, immediately decided to do the right thing and send the money back to E-Trade – the company he had his account with.

The 50-year-old former Goldman Sachs financier received the payment of $89,900,912 earlier this month.

Daniel Levene (pictured left in 2010) a former Goldman Sachs trader decided to contact E-trade and give the money back

Levene said he made the discovery after logging into his computer around 10am and immediately asked himself: ‘Did I just win the lottery?’

‘Obviously, I knew it was a mistake,’ he told the New York Post.

According to Levene he then contacted E-Trade customer support saying: ‘This is interesting – Please call me IMMEDIATELY – Did I just win the Lottery???’

The company got back to him almost immediately to apologize for the error and redirect the enormous sum of money. 

A spokesperson for E-Trade later claimed the company ‘did not process any wire transfers anywhere in the neighborhood of what is being suggested.’  

‘To the extent any erroneous credits increase a customer account,’ the spokesperson said, ‘The company would always work closely with that customer to resolve the issue.’

‘In such a case, no funds would have left the firm.’

E-Trade apologized for the mix-up and told the trader they would be relocating the pile of cash

E-Trade apologized for the mix-up and told the trader they would be relocating the pile of cash

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Read more at DailyMail.co.uk