Couple Goes On Wild Spending Spree After Accidental Deposit of $120K Hits Their Bank Account

via WPMT

LYCOMING COUNTY, Pa. (WPMT) — A couple in Lycoming County is facing theft charges after their bank accidentally deposited more than $100,000 into their account.

State police say Robert and Tiffany Williams of Montoursville spent most of the money on items ranging from an SUV to a race car.

State police say the couple living at a home on Cypress Street in Montoursville got themselves into hot water after spending money that wasn`t theirs.

Investigators say Robert and Tiffany Williams had $120,000 deposited into their account at BB&T on May 31st through a mistake by a teller.

But instead of contacting the bank about the deposit, the couple allegedly spent most of the money.

All in two and a half weeks, between June 3 through the 19th.

Neighbors were stunned.

“That is kind of shocking, with all the procedures the banks have set up, checking and double-checking and triple-checking, there`s no way anybody gets away with that stuff,” said Nate Weaver.

MORE: State Police: Couple went on spending spree after accidental deposit of $120K in bank account – WPMT

12 Comments

  • Their BEST plan would have been to put the money in an interest bearing account until the bank asked for it back.

    They could have kept the interest.

    Common Courtesy would have walked up to the nearest teller and commented on the error.

    Reply
    • Agreed.. But you forget that these “PARAMECIUM” today have no morals.. I’d like to see/hear about the IRS coming to there door for an audit.. Bet they’d fill their depends with the brown!! L O L

      Reply
    • Wrong. The INSTANT they move the funds they are legally guilty of theft. Any interest is NULL AND VOID. When, not if, the deposit is reversed as of the date it originally happened.

      Reply
    • Well they should certainly have hung onto the money rather than spend it. Likely they convinced themselves that if it got put in their account by mistake or otherwise, they could keep it.

      But the interest that money would have made in a few months in a savings account would have probably only paid for a McDonalds supper. I had $20,000 in the bank and was getting 47 cents a month interest.

      Reply
  • They could have contributed it to the DNC to avoid prosecution for the banks error.

    Reply
  • They should have purchased 1 oz and 1/10 oz gold coins with the money. Gold is rising at a pace that would have enabled the couple to return the amount of the principal and still have a few 1/10 oz coins left over.

    Reply
  • Who does things like this? Logic, common sense and reason, exactly what isn’t used these days, says that it was a bank mistake. Eventually the bank would have caught the error. Spending what’s not yours knowing you cant pay it back? How stupid!

    Reply

Leave a Comment

Your email address will not be published. Required fields are marked *

get the newsletter

Receive infrequent Floglegs updates about upcoming episodes and general news.