$31K Bank error sends teen on spending spree

This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated.

An 18-year-old man went to an ATM and found his account had more money than he expected – a lot more.

So he went on a spending spree.

The problem is that the money didn’t really belong to him.

It started when a man deposited $31,000 into his bank account in Georgia.

But the bank teller took the money and put it in another account, with the same name.

The man didn’t realize the problem until 10 days later.

By then, the 18-year-old took out $20,000 in cash and spent $5,000 with his debit card.

The bank caught up with him when he tried to make another withdrawal and told him that he had to return the money.

He said he thought the money was a direct deposit that came from an inheritance from his grandmother`s estate.

A bank representative told authorities that is not true.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

1 Comment

  • Duh

    Lots of luck getting the money back. If he gets arrested his public defender will tell him to take the rap.
    His term will be shorter than the time it would take him to earn that much.