Roswell man receives $43,000 credit after bank error

Created: 07/01/2014 6:42 PM
By: Lauren Hansard, KOB Eyewitness News 4

Imagine depositing a check at your local bank for $430 but getting credit for $43,000. Police say that’s what happened to a Roswell man.

What would you do if your bank put thousands of dollars into your account by mistake? Tempting right? 

“I could buy a new car, that would be nice,” said Greg Sonderman.

Sonderman says he would put temptation aside and do the right thing, just like other bank customers we talked to.

“I’d probably let them know there was some kind of mistake,” said Sonderman.

“Well I would immediately jump for joy then probably call the bank to see if it’s for real,” said Russell Smith.

However, that’s not what one Roswell man did. And now, Roswell police have opened an investigation. The man used an ATM to deposit a check for $430, but the bank deposited $43,000 by mistake. Instead of notifying the bank, police say the man quietly spent all the cash.

When the bank discovered the error, they told the man he must repay all of the money.

That was in November. The bank has reached out to the man multiple times. Police say a bank official has spoken to him by phone, but the man has yet to pay back the money. Now the bank is taking legal action.

The district attorney will decide whether to prosecute the case for criminal charges or have the bank sue the man in civil court to get the money back.

“I believe he should pay it back, you know it’s the only right thing to do because it costs the bank money, it costs me money, it costs you money,” said Smith.

The Washington Federal Branch Manager says they are not commenting.

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