Reply
Honored Contributor
Posts: 14,336
Registered: ‎11-03-2018

Re: PA couple spent $120,000.00 bank mistakenly.....


@JeanLouiseFinch wrote:

@Bri369 wrote:

That wasn't a mistake.  It was intentional. 

 

The bank was going to figure it out sooner or later, so they should have contacted the bank immediately. 

 

Very foolish people...


I think you misread.  The "mistake" isn't being attributed to the couple, it was a bank mistake.


Ahh, I see.

 

Either way, they were foolish to spend the money

Esteemed Contributor
Posts: 5,080
Registered: ‎05-11-2013

Re: PA couple spent $120,000.00 bank mistakenly.....

Last year DH and I went to drive thru at our bank, cashed a check for $40.00 and got coin wrappers.  I went around to the parking lot and DH asked what I was doing. I told him that I was checking the envelope. He chuckled at me.  Lo and behold I had $400.00.  I said to DH "and this is why I check."

 

We went back to the drive thru, you never saw such relieved faces. They said we just called your house.  If it's not mine, I don't want it.

Honored Contributor
Posts: 35,897
Registered: ‎05-22-2016

Re: PA couple spent $120,000.00 bank mistakenly.....

That was kinda dumb for them to spend that money!

 

One day I was $80,000 richerSmiley Surprised...the money just appeared in my bank account. I didn't call the bank right away and was certain that it was going to be taken care of soon...but it did not! It was there for weeks and I was concerned that I would have to pay tax on it. In my mind I was thinking:  "How am I going to prove the money isn't mine and that is just appeared out of nowhere?" So I let it go because I was afraid. It never crossed my mind to spend it, not even one single penny of it. So after weeks had passed it finally disappeared with no explanation from anyone, not my bank or anyone else. Strange!

Honored Contributor
Posts: 13,565
Registered: ‎11-24-2013

Re: PA couple spent $120,000.00 bank mistakenly.....

@CrazyKittyLvr2  Bottom line, they are thieves. No ifs, ands or buts. They knew exactly what they were doing and that it was wrong.  Shame on them.

Respected Contributor
Posts: 3,745
Registered: ‎01-02-2015

Re: PA couple spent $120,000.00 bank mistakenly.....

I never leave the drive through before counting the money

 

Honored Contributor
Posts: 19,658
Registered: ‎03-09-2010

Re: PA couple spent $120,000.00 bank mistakenly.....


@Bri369 wrote:

What in the world did they buy with all that money?  It will take them forever to pay it back.


 

@Bri369 

 

They spent the money in 2 weeks time, on an SUV, a camper, a car trailer, 2 top of the line ATV's, paid bills and gave $1,500 to a "friend in need".

 

In spending that money, they also amassed $107,000 in overdraft fees once the error was reversed and the bank is expecting them to pay that also, and rightfully so, IMO.

 

Maybe that'll teach them to be honest in the future....but I doubt it.

 

People are either honest, or they're not.

You never know how strong you are until being strong is the only choice you have.
Esteemed Contributor
Posts: 6,602
Registered: ‎03-09-2010

Re: PA couple spent $120,000.00 bank mistakenly.....

I surprised no charges filed. It is stealing. 

Respected Contributor
Posts: 2,146
Registered: ‎03-10-2010

Re: PA couple spent $120,000.00 bank mistakenly.....

Do we know how much time elapsed before they "spent it all?"  I can't imagine what I would buy worth $120,000!  Anyway, this was definitely a sin of omission.  Smiley Sad

 

ETERNITY: your choice... smoking or non smoking!
Honored Contributor
Posts: 19,658
Registered: ‎03-09-2010

Re: PA couple spent $120,000.00 bank mistakenly.....

@godi 

 

They were both charged with several felonies, released on $25,000 bail, which was probably left over from tha bank's money!

You never know how strong you are until being strong is the only choice you have.
Honored Contributor
Posts: 19,658
Registered: ‎03-09-2010

Re: PA couple spent $120,000.00 bank mistakenly.....

@spent2much 

 

They spent it in 2 weeks time, see my post #16 for a list of what they spent it on.

You never know how strong you are until being strong is the only choice you have.