Couple Spends $120,000 Accidentally Deposited Into Their Bank Account

Authorities in Pennsylvania brought in a couple on felony theft charges for spending $120,000 mistakenly deposited into their bank account instead of notifying bank officials. Robert and Tiffany Williams of Montoursville, Pennsylvania, told authorities that they spent the money on an SUV, a camper, a car trailer, two four-wheelers, and other things. They are also facing $107,000 in overdraft fees from their bank.

The error occurred at aBB&T bank on May 31 when a Georgia customer made the initial deposit of $120,000 and the teller enter the incorrect account number. The Georgia customer later contacted the bank about their missing funds, alerting the bank to the error. The official affidavit states that from here investigators discovered the money had been sent to the Williams’ account.

“While we can't comment on the specifics of this issue due to client privacy practices, we always work as quickly as possible to address any issue that affects our clients,” Brian Davis, a spokesman for BB&T, told CNN.

“We're also continuously working to enhance our client service and operating procedures to provide the best client experience possible.”

Tiffany Williams said that when she was contacted about the money on June 21 and told them that they had already used it to pay off bills, despite both knowing that the money did not belong to them. The couple also said they spent the money on car repairs and gave $15,000 to friends. She initially told the bank that they would work on a repayment plan, but the bank was unable to contact the police after this date.

The couple has been released on $25,000 bail. BB&T credited the misplaced funds to the correct account and debited the amount from the Williams’ account.