Bank mistakenly put $120,000 in couple’s account. Now they may face jail after spending it

A Pennsylvania couple is accused of theft after going on a shopping spree with $120,000 that was mistakenly deposited into their bank account, according to a report.

Robert Williams and his wife, Tiffany Williams, appeared in court Tuesday after they spent two and a half weeks blowing through most of their accidental windfall on expenses such as cars, bills and a camper, news station WNEP reported.

Both Robert, 36, and his 35-year-old wife were arraigned on charges for theft and receiving stolen property.

State police said that BB&T Bank BBT+0.14%   deposited the dough into the couple’s account on May 31 in a clerical error by a bank teller.

But by June 19, the pair had spent six figures on purchases that included an SUV, two four-wheelers and a car trailer.

They also allegedly used the money for bills, car repairs, cash purchases, as well as gave $15,000 for friends, WNEP reported.

On June 20, the bank contacted Tiffany about the mistake — and to notify her that the money had been taken out of the account, resulting in a $107,416 overdraft fee, the Williamsport Sun-Gazette reported.

She told the bank that she “would speak to her husband and attempt to construct a repayment agreement,” police said.

Source: Market Watch

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