Not surprising. I would like to see their proposed payment plan. Considering how banks treat most of us without millions I do not feel their pain. Try getting any money back from a bank when THEY have made an error. I am not trying to justify the stupid behavior on the part of the couple, but I am not sad. Here is the story:

MONTOURSVILLE, Penn. — A couple in Pennsylvania is facing theft charges and over $100,000 in overdraft fees after allegedly using money that was accidentally deposited into their bank account, WITN reports.

State police said the couple living at a home on Cypress Street in Montoursville got themselves into hot water after spending money that wasn't theirs.

Investigators said Robert and Tiffany Williams had $120,000 deposited into their account at BB&T May 31 through a mistake by a teller.

But instead of contacting the bank about the deposit, the couple allegedly spent most of the money in just over two weeks from June 3 to June 19.

Neighbors were stunned.

"That is kind of shocking. With all the procedures the banks have set up, checking and double-checking and triple-checking. There's no way anybody gets away with that stuff," Nate Weaver, a neighbor, said.

State police said the couple bought an SUV, two four-wheelers, a camper and a car trailer.

They also said the money was used on bills, car repairs and cash purchases. Along with that, the couple allegedly gave $15,000 to friends in need of money.

"I'm not that dumb but some people do stupid things sometimes," Robert Painton, a neighbor, said.

Once the bank realized a mistake had been made, it transferred the $120,000 to the correct account.

The bank contacted Tiffany Williams June 20 and told her the couple had to pay back the $107,000 in overdraft fees they incurred.

The bank called again June 21.

Tiffany said she and her husband would work out a payment plan.

Court papers show after those two initial phone calls from the bank, the couple had no contact with bank representatives, despite several attempts by the bank to reach them.

The couple is now facing felony theft charges.

A man at the Williams' home said he was Robert's father and had no idea what was going on.

Robert and Tiffany Williams were released on $25,000 bail.

link: https://wgntv.com/2019/09/08/p...-their-bank-account/

Anybody wondering where their bail money came from?

It's felony theft to spend money that a bank accidentally gave you?
I'll have to remember that (and watch my bank statements more closely).

quote:

Originally posted by LS1 GTO:
Anybody wondering where their bail money came from?

Probably used their new SUV, four-wheelers, camper, and trailer as collateral!

These people should just be shot on the courthouse steps.

I saw this posted on a Facebook page . There are people that think they shouldn't have to pay it back . It's the banks fault and they should eat it . WTFO ?

It’s not the redneck lottery, it’s theft. Throw the book at them.

So, let's just say for the moment, the couple pulled all the money and invested in an overnight bond, gold, or anything else with a quick return.

A month, six weeks later the bank realizes the error. Would the bank also sue for the interest gained with the argument of all proceeds or proceeds they'd lost because, due to their error, they couldn't invest?

Just curious question to our legally proficient members.

^^^^^^^^^^^^^^
Like the 6th race at Pimlico??

These brain surgeons never even contemplated the fact that the bank would eventually track down the error and fix it. And of course "free money" landed in their laps, the only possible course of action is to spend it in the quickest way possible. And the friends who took some of the 15 grand given away, same stupidity.

It happened to me
When I was in college, forever ago and still used ATM’s. I had a extra 25k in my account one day when I was withdrawing cash.

Went in and told the teller in the bank there was a problem. She didn’t believe me until she checked. The mistake was corrected quickly. And as I recall not even a Thank You.

In over a 40 year career in banking, I have seen things like this a number of times. While not nearly at this level, I've seen a couple hundred to a couple thousand inadvertently deposited to a wrong account. I recall it always being somewhat of a fight to get the banks money back.

These people thought their checking account was a lottery ticket.
Mike

quote:

Originally posted by Eponym:

It's felony theft to spend money that a bank accidentally gave you?
I'll have to remember that (and watch my bank statements more closely).

Of course it is.

Seriously, how screwed up can someone's moral compass be to think that spending that money is ok or that it is in any way justifiably yours? Criminally stupid people.

All that stuff they bought will probably be taken back, sold and used to pay back the money. They did it wrong, they should've used it on blow and hookers, can't take those back.

It's felony theft to spend money that a bank accidentally gave you?
I'll have to remember that (and watch my bank statements more closely). Roll Eyes
_________________________________________________


Of course it is.

Seriously, how screwed up can someone's moral compass be to think that spending that money is ok or that it is in any way justifiably yours? Criminally stupid people.



Alan, I think he was kidding. The monopoly card is the clue.

quote:

Originally posted by ZSMICHAEL:
It's felony theft to spend money that a bank accidentally gave you?
I'll have to remember that (and watch my bank statements more closely). Roll Eyes
_________________________________________________


Of course it is.

Seriously, how screwed up can someone's moral compass be to think that spending that money is ok or that it is in any way justifiably yours? Criminally stupid people.



Alan, I think he was kidding. The monopoly card is the clue.

Thank you. It seems I've been a little bit out of sync since the recent birth of our newborn. I almost forgot what it was like to be a half zombie during the day

quote:

Originally posted by Hammer1967:
It happened to me
When I was in college, forever ago and still used ATM’s. I had a extra 25k in my account one day when I was withdrawing cash.

Went in and told the teller in the bank there was a problem. She didn’t believe me until she checked. The mistake was corrected quickly. And as I recall not even a Thank You.

I did that once when cashing a check at the place I worked. I later noticed that they had given me $20 too much so the next day I stopped by and asked them if they had come up short the previous day.
They said they had so I gave them the $20 and they said they thought it was me. I am not sure if they were kidding or being serious.

quote:

Originally posted by Hammer1967:
It happened to me
When I was in college, forever ago and still used ATM’s. I had a extra 25k in my account one day when I was withdrawing cash.

Went in and told the teller in the bank there was a problem. She didn’t believe me until she checked. The mistake was corrected quickly. And as I recall not even a Thank You.

I had more or less the same experience. I think it was an extra $5000 (they added an extra zero to a deposit). I don't recall whether they said thank you when I pointed it out to them.

I bet their relatives start a go fund me page to help the poor souls that are being attack by the bank.

This is the type of thing that people who've never had any real money in their life would do. It helps that they had each other as enablers to convince themselves that they could get away with it.

Stupid, but not at all surprising.