Citigroup made the mistake of crediting $81 trillion to a customer’s account instead of $280, according to a Friday report from the Financial Times.
The multi-trillion-dollar error occurred in April 2024 and was overlooked by both a payments employee and a second employee assigned to check the transaction before it was approved to be processed. A third employee caught the mistake 90 minutes after the payment was posted, leading Citigroup to reverse the transaction several hours after it had been submitted, per the outlet.
The value of the transaction far exceeds the gross domestic product of every country in the world, including the $29.72 trillion GDP of the U.S. It also
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