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Daily Mirror
Daily Mirror
Business
Emma Munbodh

Couple 'go on huge spending spree' after bank transfers £87,000 to wrong account

A couple who allegedly blew £87,000 after it was paid into their bank account by mistake, are now facing a prison sentence for theft.

Robert and Tiffany Williams, based in Pennsylvania, US, are facing theft charges and over $107,000 - £87,000 - in overdraft fees, after reportedly using money that was deposited into their bank account by mistake.

Speaking to WWMT, officials said the couple had the money paid into their account on May 31 through a mistake by a teller.

Instead of contacting the bank about the money, they then allegedly blew the cash in two and a half weeks between June 3 and June 19.

"That is kind of shocking, 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," explained neighbour Nate Weaver.

They now have to pay every penny back (WWMT)
The couple had the money paid into their account on May 31 through a mistake by a teller (WWMT)

The duo allegedly bought an SUV, two four-wheelers, a camper and a car trailer with the cash.

They also used the money to cover bills, car repairs, cash purchases and even gave $15,000 to friends in need.

"I would check in with the bank first before I didn't anything, I`m not that dumb but some people do stupid things sometimes," said Robert Painton, another neighbour.

Once the bank realised its mistake, it transferred the $120,000 to the right account.

The lender then contacted Tiffany Williams on June 20 to tell her she had to repay the $107,000 - £87,000 - in overdraft fees they'd incurred.

On June 21, the bank called again. Tiffany said she and her husband would work on a payment plan.

Court papers show after the initial phone calls from the bank, the couple had no contact with bank representatives, despite several attempts by the bank to contact them.

The couple are now facing felony theft charges - both Robert and Tiffany Williams have been released on $25,000 bail.

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