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Apparently a bank made the mistake of depositing $31,000 into a teenager's account. The teen then went on a spending spree and spent $20,000 of it before the mistake was discovered.
Not sure why are you asking? Is that even a question?
Bank made a mistake, but that doesn't mean that now that money belongs to you...
What would I do? First of all, I would try to find out why suddenly so much money was on my account.
Contact the bank, give the money back. Common sense, no?
He is 18 years old, and an adult, who needs to take a responsibility for his action. What he did is a theft.
It's difficult for anyone to believe that if $31 000 suddenly appears in a bank account that the account holder would not at least question the source.
Bank has all rights to request it back.
The bank will get their money back without a doubt. The teen might have a defense if he had been expecting a $31,000 paycheck to be deposited or something, but there should have been no doubt that the payment was a mistake in his case.
Apparently a bank made the mistake of depositing $31,000 into a teenager's account. The teen then went on a spending spree and spent $20,000 of it before the mistake was discovered.
The bank is talking about pressing charges on the teen, even though it was their mistake.
Quote:
Originally Posted by Gandalara
Call the bank.
Many, many years ago the bank accidently deposited $100,000 to my account instead of $100. Of course, I called the bank as soon as I noticed the error.
PS. I did not get to keep the interest that was accrued.
The bank will get their money back without a doubt. The teen might have a defense if he had been expecting a $31,000 paycheck to be deposited or something, but there should have been no doubt that the payment was a mistake in his case.
If the teen was, in fact, expecting a $31,000 deposit, and this didn't happen to be it, he'd have no problem refunding the money when the actual expected $31,000 deposit got deposited, so it would be a nonissue.
There's no way the teen was like, "Whoops, I thought it WAS my money."
The bank is talking about pressing charges on the teen, even though it was their mistake.
Based on what I read in your link, pressing charges is not because of the mistake. The actions that the teen took after being informed by the bank of the mistake is what got him in trouble.
This guy has a warped sense of values. If it isn't yours, don't spend it. He should have notified the bank of the error. That would have been the right thing to do. Didn't his parents teach him better? I guess not. It appears there are a lot of people who think he didn't do anything wrong. Their values are messed up too.
I think we live in a society where people don't care where money comes from as long as they have it.
Apparently a bank made the mistake of depositing $31,000 into a teenager's account. The teen then went on a spending spree and spent $20,000 of it before the mistake was discovered.
The bank is talking about pressing charges on the teen, even though it was their mistake.
the bank mistakenly spent $20k of someone elses money? (without getting political)
its a ridiculous question because its not even a situation where you could hope to not get caught.
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