extra 224,000 and you have no idea why . Do you tell them.
2007-03-13 22:48:39 · 11 answers · asked by Anonymous in Business & Finance ➔ Personal Finance
The bank is going to discover it anyway so you might as well tell them. No way they're going to have that much missing and not notice.
In the U.S., if you spent that money, you would be charged with Grand Theft. According to the district attorney's office in Walworth County, Wis., a man was charged with theft when a check for more than $49,000 was accidentally deposited into his account at Fifth Third Bank. "He was having financial difficulties so he spent it," Walworth County district attorney Phillip Koss says. "When the bank asked for it back, he put them off. He was then charged with theft and finally repaid the money to avoid prison.
2007-03-13 23:35:59 · answer #1 · answered by Faye H 6 · 0⤊ 0⤋
you have 2 options: Honesty or dishonesty. You can either tell the bank that you know nothing about this money etc and request that they contact the source and arrange for its return. Or you could just leave it alone (in a savings account for instance) and then after 6 months if no one has claimed it, it is yours legally. Alternattively, you could withdraw the money in cash, close your account and disappear with the money. Obviously you would need to open another account and set up all your direct debits, standing odrers etc and advise your employers of your bank details. For the small amount involved I don't think it is worth taking this course of action. Personally, I would move the money to another account and then wait and see what happens. If you are contacted by the bank then you can hand it back, if you are not, then you can keep it. Should help pay for all thise prezzies next christmas!!
2016-03-28 22:41:08 · answer #2 · answered by Anonymous · 0⤊ 0⤋
Absolutely.
2007-03-14 04:41:06 · answer #3 · answered by CanadianBlondie 5 · 0⤊ 0⤋
I'm sorry but I'm a bore, I would let them know, But I would have to do it straight away, cause if I had time to think about it ( It would be a different story )........... and then there might be a reward. : ) AND better still it might not be a mistake and the money is yours, It's better to find out.
2007-03-13 23:09:40 · answer #4 · answered by crawndawford1 2 · 0⤊ 0⤋
Of course you tell them, otherwise it could be regarded as theft if you go merrily spending what is obviously, not yours and you'll be held responsible as you would have know you were not expecting any transaction of that size
2007-03-14 00:26:18 · answer #5 · answered by SunnyDays 5 · 0⤊ 0⤋
You had better report it or possibly face prosecution if you spend any of it. If it was an error, it will be discovered.
Otherwise, it may simply have been an anonymous gift to you; in which case, congratulations.
2007-03-13 22:53:55 · answer #6 · answered by danny_boy_jones 5 · 0⤊ 0⤋
You have three options. Keep it, tell them of the error, or wait.
Two of those are dishonest. One is honest.
Anyone that doesn't know which is which won't do the honest one anyway.
2007-03-14 00:39:35 · answer #7 · answered by open4one 7 · 0⤊ 0⤋
Take it out now and put it in a deposit account.
Then wait and see what happens. You can always pay it back if demanded and you will get to keep any interest paid to you.
2007-03-13 22:59:17 · answer #8 · answered by Mark J 5 · 0⤊ 0⤋
Unfortunately I would. But I would get a copy of my statement first and frame it cos I will never ever ever have a statement like that again.!
2007-03-13 23:16:21 · answer #9 · answered by silent1 4 · 1⤊ 0⤋
Tell them. It's too much to keep and they'll find out anyway.
2007-03-14 01:19:27 · answer #10 · answered by Thinker 3 · 0⤊ 0⤋