Time for something different to talk about.

Bank accidentally puts $120,000 in couple’s account. They were arrested after spending it, police say.

So....what would YOU do? Is it really theft? Should the couple be on the hook for it? Or should the bank just accept their f-up? This case will be an interesting one to watch...hope the couple gets someone other than a public defender to defend themselves. That would make it even more interesting.

 

Banks fault.. let the people go.

 

The bank made a mistake but the people made a bigger Mistake by not notifying the bank.

I actually had this happen to a customer of mine but the amount was 10K once the mistake is noticed they received a letter, they were given 30 days to pay it back and actually had a lot of nerve IMO complaining about it.

I remember the guy telling the story to about four of us and we were all dumbfounded as to why he didn't just call the bank.

 

I would call the bank and have the error corrected. How is that even a question?

 

Yep.

 

I have actually had small amounts deposited in my account that was not mine. Apparently all three times it was the same guy, and the account number was written down with one digit off.

One simple phone call to the bank, and it was resolved. Not my money, and my conscious would never permit me to think it was. These people deserve whatever penalties are levied...

 

Saw this on reddit the other day. Best response was from another guy who had 200k dropped in his account by accident.

He waited 3 days, then moved it to a high interest generating account. When they finally figured it out, he said give me 3 days and you'll have it back.

Made 6k on interest for doing nothing.

 

Interesting topic, but not a current event... this will be moved somewhere by the end of the day.

I just watched an old Frazier episode where Martin gets $60 of his ATM when his request was for $20.... He tries to return it and needless to say, hijinks happen. He ends up getting a 10K settlement from the bank for his time and trouble...

The couple needed to notify the bank... period.... it's possible you might get a simple reward. It's also very probable the bank will find the mistake sooner than later... that kind of money doesn't disappear into a regular bank account.

I'm torn on the couple... they did something completely morally wrong, but probably not legally wrong... I certainly don't believe this is a prison situation.

 

How did he make 3% in three days, six if it took them three days to notice?

 

"The Sun-Gazette reported that the couple, in separate interrogations, told police that they “admitted to knowing the mislaid money did not belong to them, but they spent it anyway.”"

Yes they should be charged with a crime and have to pay restitution and fine. If either has a prior then possible jail time. They knew it wasn't theirs. If the Post Office drops off a check for someone else but I go to the bank and some how get it into my account that is theft.

 

Now that's a guy thinking on his toes.

 

He waited 3 days to move it. I didn't see a time span of how long it took them to figure it out, and then he asked for 3 more days to give it back. Gotta say, the person had some serious cajones….

 

Sorry, I was unclear. It took them a year and a half to figure it out. It was an accidental wire transfer or something.

Details are sparse as it was a reddit comment.

 

It is stealing. You know that new found money is not yours.

 

Step one: Cash withdrawal of entire amount.
Step Two: Wait one week.
Step Three: Cash deposit of entire amount into newly opened account:
Final Step:.....wait for them to contact me.

Cross your fingers and hope for the best.

 

Probably a long wait until the statute of limitations run out. And they might say okay, we'll play, and just wait for you to make a mistake and then bring charges.

 

And you will have rung several flags (sorry mixed metaphor) with a transaction as such, and money laundering will be added to the charges.

 

Possibly so...possibly not.

 

Probably so as you attempted to hide it for personal gain.

 

I would report it to the bank.

They are thieves. They knew it was not theirs before they started spending it. I don't believe they should be thrown in prison, but reasonable restitution would be appropriate.

 

Lol. Also I think if you Googled "money laundering" it would strictly suggest that you don't do what that poster suggested.

 

Yes, it’s theft.

I would call the bank and tell them and get the mistake corrected. Easy choice.

 

It was nice to have something different to talk about.

 

I do not know what I would do but I do know it is just a matter of time before someone blames Trump.

 

Did I?...…...please provide your proof.