Y2K bug blamed for £4m banking blunder

Y2K temporarily benefits German customer with phantom millions

The millennium bug is suspected to have caused a German bank to accidentally issue a computer-banking customer with an account inflated by more than £4m.

This lucky businessman's account not only showed this surprising balance figure, but also displayed the curious date of 30 December, 1899. This would have made £4m worth even more in today's money. This particular customer's happy new year was slightly damped, however, when his bank promptly issued him with a corrected statement.

More details to follow.

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