29 Jul '13, 4pm

IT Hiccups of the Week: Ohio Bank Blames GPS for Wrong House Repossession

IT Hiccups of the Week: Ohio Bank Blames GPS for Wrong House Repossession

There seems to be a disagreement, however, over the amount of compensation owed. Barnett provided the bank with an itemized list of what she claimed was lost, which she said amounted to US $18 000 of personal property. However, the bank disagrees that the two dressers and other personal property it says its representatives discovered in the house were worth that much. The bank wants Barnett to come up with receipts for what she claims the representatives removed, and then the bank will decide how much to pay based on a fair market valuation. Exactly how Barnett is supposed to come up receipts that would be likely be in the “trash” that the bank’s representatives admittedly threw out wasn’t explained by the bank in it's statement.

Full article: http://spectrum.ieee.org/riskfactor/computing/it/it-hiccu...

Tweets