WASHINGTON, DC - MAY 20: Newly redesigned $100 notes lay in stacks at the Bureau of Engraving and Printing on May 20, 2013 in Washington, DC. The one hundred dollar bills will be released this fall and has new security features, such as a duplicating portrait of Benjamin Franklin and microprinting added to make the bill more difficult to counterfeit. (Photo by Mark Wilson/Getty Images)
(Photo by Mark Wilson/Getty Images)

Couple Arrested For Spending $120K Bank Error In Their Favor

The couple made lots of big purchases with the money that was mistakenly deposited into their account.

Remember when you pulled the “bank error” card in Monopoly and got free money? Well, it apparently doesn’t work like that in real life!

Globalnews.ca  reports that a couple was arrested and are currently facing felony theft charges. It all started back on May 31st, when a bank teller mistakenly placed a $120,000 business deposit into the couple’s account. By the time the bank became aware of the mistake a couple of weeks later, they said that the couple had spent pretty much all of the money!

The couple reportedly bought a racecar, a new SUV, an RV, four-wheelers, a car trailer with the money. They also paid off all of their bills and gave money to family and friends. 

After the bank reversed the money from the couple’s account, they were left with more than a $100K overdraft! The bank told the couple that they’d have to pay it all back. Shortly after the wife agreed to pay back all of the money, she stopped answering calls and avoided contact with the bank. That’s when the woman and her husband were arrested. They’re currently facing big charges and headed back to court soon.

Do you think the couple should get in trouble for the bank’s mistake?

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