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  1. #1

    Default A bank mistakenly put $120,000 into a couple's account. They spent it, police say

    per CNN:

    A Pennsylvania couple is facing felony theft charges after their bank accidentally put $120,000 in their account, and the couple spent most of it instead of contacting the bank, police said.

    Robert and Tiffany Williams of Montoursville are also facing overdraft fees from the bank of about $107,000, according to the criminal complaint filed in the Lycoming County magisterial district court.

    In an interview with law enforcement, Tiffany Williams said the money was spent on an SUV, a camper, two four wheelers and a car trailer, among other things, according to an affidavit.

    The bank error occurred May 31 when a customer in Georgia made a deposit of $120,000, and the BB&T Bank teller entered a wrong account number. When the customer contacted the bank to ask about the missing deposit, investigators discovered the funds had gone into the Williams' joint account, the affidavit said.

    "While we can't comment on the specifics of this issue due to client privacy practices, we always work as quickly as possible to address any issue that affects our clients," Brian Davis, a spokesman for BB&T, told CNN in a statement.

    https://www.cnn.com/2019/09/09/us/ba...rnd/index.html

    Go Gophers!!


  2. #2

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    All Good, solid appreciating assets.
    ~ Wright about Life - Having fun with words since 1989 ~

  3. #3

    Default

    'Bank error in your favor' is now a felony?

  4. #4
    Join Date
    Jun 2011
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    Village Green
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    4,035

    Default

    Quote Originally Posted by BleedGopher View Post
    per CNN:

    A Pennsylvania couple is facing felony theft charges after their bank accidentally put $120,000 in their account, and the couple spent most of it instead of contacting the bank, police said.

    Robert and Tiffany Williams of Montoursville are also facing overdraft fees from the bank of about $107,000, according to the criminal complaint filed in the Lycoming County magisterial district court.

    In an interview with law enforcement, Tiffany Williams said the money was spent on an SUV, a camper, two four wheelers and a car trailer, among other things, according to an affidavit.

    The bank error occurred May 31 when a customer in Georgia made a deposit of $120,000, and the BB&T Bank teller entered a wrong account number. When the customer contacted the bank to ask about the missing deposit, investigators discovered the funds had gone into the Williams' joint account, the affidavit said.

    "While we can't comment on the specifics of this issue due to client privacy practices, we always work as quickly as possible to address any issue that affects our clients," Brian Davis, a spokesman for BB&T, told CNN in a statement.

    https://www.cnn.com/2019/09/09/us/ba...rnd/index.html

    Go Gophers!!
    That can't be right. They must mean overdraft charges. No wonder people think CNN is loose with the facts.
    Jaws was never my scene, and I don't like Star Wars.

  5. #5
    Join Date
    Nov 2008
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    Corn Field
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    23,977

    Default

    Quote Originally Posted by Section2 View Post
    'Bank error in your favor' is now a felony?
    Spending it when you know it doesn't belong to you is.

  6. #6

    Default

    Quote Originally Posted by Section2 View Post
    'Bank error in your favor' is now a felony?
    Quote Originally Posted by GophersInIowa View Post
    Spending it when you know it doesn't belong to you is.
    How is it any different than finding a $20 bill on the street? It's the banks error, they should have to live with it.
    Who hates iowa?

  7. #7

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    Quote Originally Posted by bottlebass View Post
    How is it any different than finding a $20 bill on the street? It's the banks error, they should have to live with it.
    Guessing there is some fine print in the paperwork you sign. Also common sense.

  8. #8

    Default

    Quote Originally Posted by GopherJake View Post
    Guessing there is some fine print in the paperwork you sign. Also common sense.
    Common sense says if I find money I'm going to spend it.

    I'm sure you have a point with the fine print thing.
    Who hates iowa?

  9. #9
    Join Date
    Nov 2008
    Location
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    Default

    Quote Originally Posted by bottlebass View Post
    How is it any different than finding a $20 bill on the street? It's the banks error, they should have to live with it.
    TCF once made a mistake with my account while I was in high school. It was for a little over $400. Without hesitation I closed my account and took my money out (it wasn't much more than the $400). I didn't do anything for a couple of weeks before the bank called my house and talked to my parents. The $400 was returned. I learned a valuable lesson from the whole thing. Never give your real phone number to a bank.
    Aloha Mr. Hand

  10. #10

    Default

    Quote Originally Posted by GophersInIowa View Post
    Spending it when you know it doesn't belong to you is.
    That was a Monopoly joke.

  11. #11

    Default

    Quote Originally Posted by bottlebass View Post
    How is it any different than finding a $20 bill on the street? It's the banks error, they should have to live with it.
    If you saw a guy drop a $20 bill, knowing who it was, you’d pocket it?

    How atheist of you.

  12. #12

    Default

    Quote Originally Posted by KillerGopherFan View Post
    If you saw a guy drop a $20 bill, knowing who it was, you’d pocket it?

    How atheist of you.
    Nope didn't say that. But if I saw you drop one I'd probably pocket it.
    Who hates iowa?

  13. #13

    Default

    Quote Originally Posted by bottlebass View Post
    Nope didn't say that. But if I saw you drop one I'd probably pocket it.
    I assume you know what bank you do you’re banking at. It’s not like finding a stray $20 bill.

  14. #14

    Default

    Quote Originally Posted by KillerGopherFan View Post
    I assume you know what bank you do you’re banking at. It’s not like finding a stray $20 bill.
    How do you know the bank made the error and someone else didn't?
    Who hates iowa?

  15. #15

    Default

    Quote Originally Posted by bottlebass View Post
    How do you know the bank made the error and someone else didn't?
    The bank could figure it out and return it to it’s rightful owner. Unless you didn’t try.

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