CRAIG ROSS
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September 02, 2010
On the air today, I didn't want to get into the specifics of why this loon is suing for so much money. Quite frankly....I would have bunged it up. So here's the actual story from canoe.ca.
It's a roundabout tale, but what it amounts to is a Utah man is suing a group of would-be property owners for $38 quadrillion.
Considering there is only about $24 trillion in circulation around the entire world at any given time, that could prove a difficult number to collect.
Nevertheless, John Theodore Andersen alleges he's owed approximately $64,000 in unpaid consulting work he claims to have performed on a mining property in Utah.
When the owner of the property defaulted on their loan, however, the property traded hands to a company called Private Capital Group, the Utah Daily Herald is reporting.
Andersen has valued the property at $36 billion, and asked for 12.5% of that value plus compensatory damages equal to four times that value and punitive damages 200 times that value.
In the end, Andersen placed a lien on the land worth approximately $918 billion, making the property almost impossible to sell.
As legal haranguing continued, Andersen filed a second complaint, multiplying his original claim by an additional 204 times, twice, to come to the final number of $38 quadrillion.
Legal arguments are still going back and forth with no end currently in sight.
Amanda 02 Sep
Steve 03 Sep