Accounting Mistake Results in Wrong Fund Transfer; $4.166 Million Recovered for Company
Recently, police in Feixi County, Hefei City, Anhui Province, successfully recovered 10 million yuan (approximately $4.166 million) that was mistakenly transferred to the wrong account due to a financial staff error. The company’s owner, Ms. Fan, sought help at a police station after her accountant mistakenly input the wrong number while processing a new operating loan.
Upon receiving the report, the police quickly activated their emergency response mechanism, identified the transfer route, and contacted the recipient. With prompt communication and assistance, the police were able to retrieve the funds, bringing relief and gratitude from Ms. Fan.
The police also remind businesses to verify account numbers and names carefully during large transfers to ensure fund security.
