PayPal Apologizes for Costly Mistake

By ABC News

Jul 17, 2013 2:14pm

By LAUREN MORTON

A Pennsylvania man was briefly the richest man in the world–or maybe the poorest.

Chris Reynolds opened his PayPal statement and was shocked to read that he had $92 quadrillion in his account. “Well, initially I was a little jolted because I saw a negative number in front of a lot of digits and I just decided to have a little fun with it,” Reynolds said.

He posted a copy of the statement on Facebook, which garnered a few laughs from his friends.

The actual amount read “-92, 233, 720, 368, 547, 800.00.” PayPal immediately recognized the error and sought to rectify the situation. “PayPal was really good by the way,” Reynolds assured. “They apologized for any inconvenience.”

The public relations executive used to use PayPal when he bought vintage car parts and other supplies through eBay because the companies have a joint venture together.

PayPal agreed to make a “modest,” donation to any nonprofit organization of Reynolds’ choice, which remains undisclosed.

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