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Tuesday 20th March 2018

Couple Arrested for Spending $120,000 Wrongly Wired to Their Bank Account

Lifestyle & Health

7Dnews London

Tue, 10 Sep 2019 09:48 GMT

If you come across $120,000, all in neatly-stacked new bills on your way to somewhere, it is never a good idea to just take the cash and spend it. Especially if you live in a country with a meticulously-computerised federal banking system like the United States, as the bills can be easily traced.

If said sum turns up unexpectedly in your bank account and the first thing that comes to your mind is “great, I’m gonna buy stuff,” then not realising the consequences may indicate you are on the low end of the IQ spectrum.

Robert and Tiffany Williams of Montoursville, Pennsylvania did exactly that. Upon learning that $120,000 had been deposited in their bank account out of the blue, they celebrated by buying an SUV, two four-wheelers, a camper, and a car trailer, WNEP reported.

But the owl does not give you chickens, as an Egyptian proverb goes.

It turns out the money was wired to their account by a bank teller at BB&T who made a mistake. As soon as the mishap was discovered, the bank sent the money back to the right account and asked the Williams to repay $107,000 in overdraft fees.

After agreeing on a payment plan, the couple failed to respond to several contacts by the bank and was accused of theft. 

They were arrested and released on a $25,000 bail.

“I would check in with the bank first before I did anything, I`m not that dumb but some people do stupid things sometimes,” neighbour Robert Painton told WNEP.

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