MONTOURSVILLE, Pa. (WNEP) -- A Pennsylvania couple was arrested on theft charges after they spent more than $100,000 that was accidentally deposited into their bank account.
State police said Robert and Tiffany Williams, of Montoursville, spent the money on a wide range of items, including an SUV and a race car.
Investigators said a bank teller at BB&T made a mistake by depositing $120,000 into their account on May 31.
Instead of contacting the bank about the error, the couple allegedly went on a shopping spree with the money. They spent the cash within a few weeks, between June 3 and June 19.
Their neighbors were stunned.
“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,” said Nate Weaver.
State police said the couple also bought two four-wheelers, a camper and a car trailer. The couple allegedly used the rest of the money on bills, car repairs, and miscellaneous cash purchases.
They even gave $15,000 to friends in need of money, according to authorities.
“I would check in with the bank first before I did anything," said neighbor Robert Painton. "I`m not that dumb but some people do stupid things sometimes.”
Once the bank realized its mistake, it transferred the $120,000 to the correct account.
It contacted Tiffany Williams on June 20 and told her the couple had to pay back the $107,000 in overdraft fees they incurred.
On June 21, the bank called again. Tiffany said she and her husband would work out a payment plan.
Court papers show after those two initial phone calls from the bank, the couple had no contact with bank representatives, despite several attempts by the bank to reach them.
The couple is currently facing felony theft charges. They were released from jail on a $25,000 bail.