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His Bank Made an Error, so He’s Giving the Money Back--Honest!

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From a Times Staff Writer

Los Angeles entrepreneur Karta Khalsa, who sells what he calls “fine footwear” at a Costa Mesa swap meet, turned a neat $1,446 profit in one quick transaction a couple of days ago but is giving back the money.

Khalsa said he went into a Security Pacific National Bank branch in Santa Ana to take $200 out of his checking account, only to discover when he got home that beneath a $1 bill in one stack given to him by the teller were several $100, $50 and $20 bills.

He called the bank, where, he said, an assistant manager was happy to hear from him. He promised to return with the overage. “I feel like a good guy,” he confessed.

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Although the bank officer was not inclined to discuss the matter, Security Pacific spokeswoman Sue Taha in Los Angeles observed that Khalsa “did what most people do. It was an error. Tellers are human. He called us immediately.”

People, she added, “are honest.”

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