A Georgia teenager who’s bank erroneously deposited $31,000 into his account has been threatened with legal action if he fails to return the money.
The 18-year-old had tens days to spend it and, unfortunately, the majority of the money has been depleted.
The exorbitant mishap reportedly occurred on March 7 when a Madison County man went into a First Citizens Bank in Athens and made a whopping $31,000 deposit.
Apparently, several people with the same name, Steven Fields, have accounts at the bank, and the teller mistakenly deposited the funds into the wrong account, according to an incident report.
Ten days after the original deposit, the victim realizing the funds were not in his account, called the bank to inquire about the missing money. Upon investigating the matter, the bank concluded that the money was deposited into an 18-year-old’s account. At this point, the teen had already withdrawn $20,000, in addition to spending over $5,000 on his ATM card, according to the report.
On March 18, the teen revisited the bank seeking to withdraw more money from the account, at which time, a teller informed him of the serious bank error. The teen then said he received the money from a recent family inheritance.
When a sheriff’s deputy went to the teen’s house to confront him about the matter, he again reiterated the same story. The deputy informed him that the bank would like the money returned as soon as possible. In an attempt to make things right, the 18-year-old said he would go back to the bank to rectify the situation, however, he has yet to do so.
Officials at the bank are now contemplating the next step in pursuing the matter. As of Thursday, no charges had been filed.
A Georgia Teenager Spends Over $30,000 Mistakenly Deposited Into Account, Now Bank Wants It Returned