Couple blows R1,8 million rand accidentally deposited into account

2019-09-09 12:39
ATM. (Photo: Getty/Gallo Images)

ATM. (Photo: Getty/Gallo Images)

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A couple was charged with theft after going on a shopping spree with money that was accidentally deposited in their account.

Robert Williams (35) and his wife, Tiffany (36), from Pennsylvania in the US, reportedly received an accidental deposit of $120 000 (about R1,8 million rand) into their account, according to investigators.

Instead of reporting the error to the bank, the pair decided to spend it over a period of two weeks, Fox5 reports.

The pair reportedly gave their friends in need each $15 000 (about R225 000).

Robert and Tiffany appeared in court on Tuesday 3 September on theft charges and were recently prosecuted, New York Post reports.

According to the police, a clerk accidentally deposited the money into the couple’s joint account on 31 May.

By the time the bank contacted Tiffany in June about the huge clerical mistake, the couple had already spent most of it, according to News.com.au.

The wife then told the bank that she would speak to her husband and find a way to “construct a repayment agreement”. After not hearing from the couple for a while, the bank contacted the police to help collect the stolen money.

During an interview with the authorities, Robert said that he and his wife knew that the money didn’t belong to them but they chose to spend it anyway.

“That’s kind of shocking,” Nate Weaver, a neighbour, told local media.

“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.”

The couple have been released on $25 000 (around R375 000) bail.

Sources: Fox5, News.com.au, New York Post

Read more on:    bank  |  theft  |  money  |  couple
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