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August 24, 2010 
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Man files $38-quadrillion lawsuit
By QMI Agency

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.