Head Scratchers

Mystery Pin: Who the Heck has $100M in His/Her Savings Account!?

Jaws dropped yesterday when a dropped ATM receipt from an East Hampton Capital One Bank was discovered, showing a savings account with a balance of nearly $100 million. The first question, naturally, is who the heck is this person!? The second question was a bit more complex — why would someone keep $100 million in a savings account and what exactly are they planning to do with that money?

Well, the folks over at Dealbreaker got to the bottom of that first question pretty swiftly — or so we thought.

A tipster told them that the receipt belonged to none other than hedge fund manager David Tepper, and noted that someone overheard him saying that he “hadn’t used an ATM since Lehman.” Cute.

But then, just this morning, Tepper denied being the culprit, claiming that he hasn’t been in the Hamptons this entire month.

In all fairness, we are prone to believe him. Tepper’s Hamptons home was demolished earlier this month (and we’re assuming he didn’t attend the demolition), so (as far as we can tell) he didn’t have a permanent Hamptons home to visit in June.

Mogulite’s request for comment at Tepper’s Appaloosa Management was swiftly rebuffed (“we’re not commenting on those things,” we were told, before even asking a question… apparently things are getting a little tense over there?).

Of course there’s reason enough for this mystery ATM user to want to stay under wraps. Imagine the populist outrage he/she’d face, when questioned over why they didn’t even notice a dropped ATM receipt with such an alarming balance recorded on it. Also — withdrawing $400 at 10:14 at night seems a little… odd, no? How many establishments in East Hampton could possibly be “cash only”? What was this person buying?

(Receipt image courtesy of Dealbreaker)

TAGS: $100 million atm receipt | david tepper atm receipt | east hampton atm | east hampton atm receipt

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