After a bank mistakenly credited a man’s account with a lot more money than was deposited, the man reportedly went on a spending spree and refused to return the cash to the bank. He’s now been arrested and charged with theft.
The Times-Picayune reports that on Dec. 3, William Lopez’s wife deposited a $700 check into his account at Capital One Bank. Someone at the bank mistakenly entered the deposited amount as $7,000, according to a spokesperson for the Kenner Police Department in Louisiana.
Officials at the bank apparently noticed the error within two hours and tried to contact the 36-year-old Lopez, but he reportedly found the mistake an hour before and withdrew $6,000 from the account.
Bank representatives couldn’t reach Lopez and when officials finally spoke to him, Lopez reportedly admitted he knew there had been a $6,300 mistake.
However, he said the money was already gone and Lopez reasoned he shouldn't have to repay the cash because, at the time, he thought it was a "gift from God," McGregor said.
"The bank tried to make arrangements with him to repay the money," McGregor told The Times-Picayune. "He made it clear he didn't have the money nor did he intend on paying it back, and that's how he got booked."
Lopez was arrested on Dec. 9 and booked with theft valued at more than $1,500.
A few months ago, another bank error made an East Texas man the world’s first trillionaire, at least for a little while.
Reggie Theus was stunned to find his account showed that he had more than four trillion dollars in it, according to KLTV. He offered to pay down the national debt, and thankfully he didn’t spend any of his fortune before the error was caught.